Bitcoin fell against the US dollar on Monday as investor sentiment weakened amid uncertainty surrounding Iran-US peace talks.
The world’s largest cryptocurrency dropped to $80,857.63 on May 11, 2026, compared with $82,010.46 recorded a day earlier.
The latest decline reflected a loss of $1,152.84, or 1.43 percent, in daily trading.
Weekly performance of Bitcoin
Despite Monday’s decline, Bitcoin showed mixed performance during the past seven days.
The cryptocurrency started the week at $81,108.64 on May 5 before witnessing fluctuations throughout the period.
Prices fell sharply on May 7 to $79,918.07 before recovering over the weekend and climbing above $82,000 on Sunday.
However, renewed market uncertainty pushed prices lower again on Monday.
Overall, the value of one Bitcoin decreased by $251.01 during the week.
Bitcoin gains over the month
On a monthly basis, Bitcoin remained significantly higher compared with its level recorded 30 days earlier.
On April 11, 2026, Bitcoin was trading at $73,419.85. The current value of $80,857.63 represents an increase of $7,437.78, or 9.20 percent, over the month.
Analysts said improved institutional demand and broader crypto market recovery had supported Bitcoin prices during recent weeks despite periodic volatility.
Bitcoin remains down on yearly basis
Although Bitcoin has posted gains over the past month, the cryptocurrency remains considerably lower compared with the same period last year.
On May 11, 2025, Bitcoin was trading at $103,804.86.
Compared with the current price, Bitcoin has lost $22,947.24 over the past year, representing a decline of 28.38 percent.
Market experts said geopolitical tensions, global monetary policy uncertainty and changing investor risk appetite continue to influence cryptocurrency markets worldwide.