Bitcoin and other cryptocurrencies had a roller-coaster weekend, another sign that investors are pulling back from riskier bets after last week’s stock-market selloff.

Bitcoin, the largest cryptocurrency by market value, plunged more than 20% to $42,000 at midnight Eastern Time on 4 December before bouncing back somewhat, according to data from CoinDesk. It was trading around $49,200 on the evening of 5 December, still down about 8% since late 3 December and down about 14% since the start of the month.