Bitcoin tumbles below $8,000 for the first time since June

Bitcoin sank below $8,000 per token early Monday, hitting its lowest level since early June.
The world's most traded cryptocurrency has fallen roughly 31% from its yearly high of $12,921, though global recession fears and asset selloffs have played to bitcoin's favor in recent months.
Investors have used the digital token as a hedge against common assets, as it's less tied to geopolitical tensions than stocks and bonds.
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Bitcoin fell below