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Bitcoin Price Tumbles After Reaching All-Time High

The price of bitcoin today. Around 6:34 AM EDT, the price hit a new all-time high of $62,497.87. Since then, though, the price has dropped, and it is currently trading at roughly $62,424.56. This is a reduction of roughly 1.08%.

Bitcoin is extremely erratic and subject to large swings in a short amount of time. It is hard to tell for sure whether the recent decline in price of Bitcoin is an indication of a bigger trend, and the future of the cryptocurrency remains unclear.

Source (CNBC)

SourceCNBC
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