Bitcoin prices fell as much as 17% on Monday, the biggest retreat since March, pulling back Sunday gains where it hit an all-time high of $34,000. Bitcoin has so far gained more than 300% over the past year. 

Bitcoin falls Almost 17%, the Most since March, Despite Strong Start for the Year
  • Bitcoin’s rally has fueled speculations among retail and institutional investors that it is emerging as the mainstream asset class and can act as a store of value.
  • Believers in Bitcoin point to the market’s supply constraints and supposedly rampant money printing by central banks as key drivers of bullish momentum
  • Bitcoin’s surge has also been linked to a bubble and crazy risk-taking in global markets.

Bitcoin is currently declining. BTCUSD is down 5.67%