Major cryptocurrencies opened Monday in retreat, sparking worries of an extended slide. Bitcoin slipped to roughly $116 k, while Ethereum, Solana, XRP and Dogecoin all traded lower, deepening the red across digital-asset markets.

Bitcoin is on the cusp of a historic breakthrough, trading just below the $100,000 mark as bullish sentiment sweeps the cryptocurrency market. Institutional inflows and robust trading volume are propelling the rally, with altcoins like Ethereum and XRP also experiencing gains.