Bitcoin Drops Below $4,000, Approaches 2018 Lows

Following a weekend of choppy trading action, the cryptocurrency markets have established a fresh leg down, erasing most of their gains incurred through the recent relief rally that sent the markets up 10% or more from their recently established 2018 lows.
At the time of writing, Bitcoin is trading down 7% at its current price of $3,860, down over 12% from its recent highs of $4,400.
In late-November, Bitcoin set its 2018 low at approximately $3,600 on the aggregated markets, and since then