Bitcoin fell below $83,000 on Monday amid elevated Treasury yields, a stronger dollar and uncertainty ahead of the U.S. midterm elections. Ethereum fell 1%, while XRP and Dogecoin each fell 3%. Coinglass data shows 88,688 traders were liquidated in the past 24 hours for $302.44 million. Industry veterans Andy Constan, Dave Weisberger and Mike McGlone highlighted Bitcoin's repeated failure to break above $86,000 to $87,000, suggesting further consolidation before a potential rally.