According to a CNBC post, Bitcoin was dragged down by the continued selling pressure on the U.S. stock market. The price fell below the $80,000 mark at one point. The stock price of companies related to the cryptocurrency sector also fell. Coinbase fell by about 9%. Robinhood fell by 13% and Strategy fell by 11%. The market will focus on key economic indicators this week, including JOLTs job vacancy data on Tuesday, Consumer Price Index on Wednesday and Producer Price Index on Thursday. Due to the lack of a catalyst to stimulate the rise of cryptocurrencies, the market is concerned that macroeconomic conditions may continue to weigh on cryptocurrency prices in the short term.