The price of Bitcoin has fallen sharply in recent days, raising concerns among some investors. There are a number of factors that may be contributing to this decline, including regulatory concerns, increased competition from other cryptocurrencies, and general market uncertainty. However, it is important to remember that Bitcoin is still a relatively new asset class, and it is still finding its footing. This latest price drop could simply be a blip on the radar in the long-term story of Bitcoin.
Source (CNBC)