Bitcoin's price fell on Monday, extending a deep decline from last week as concerns over U.S.

interest rates and anticipation of key inflation data left traders largely biased against the dollar.

The broader cryptocurrency's price was also down by a strong dollar, as the greenback neared a two-month high following strong U.S. buying manager index data.

Bitcoin Bitcoin fell 2.4% in the last 24 hours to $62,850.7 at 12.05 Western Indonesia Time.

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