Bitcoin Price Falls 8% From Its High, Worrying Investors. In the midst of its longest winning streak in two years,
bitcoin fell to its lowest price of the year on Monday evening after posting steep declines over the weekend,
according to data from Coinbase, which operates one of the largest online trading platforms for cryptocurrencies.
The world’s largest cryptocurrency, bitcoin, fell to $31,075.70 on Monday evening, a 10% drop from Sunday
at 5 p.m. EDT, according to Coinbase’s data. Bitcoin hit a high of $19,666 on Dec. A new report claims that a
bitcoin transaction, which costs up to $8 per pop, is making cryptocurrency users less likely to do business
with each other. Paying such a high fee does not make sense and would make most people rather use credit
cards or online payment services instead, according to Oliver von Landsberg-Sadie, CEO of cryptocurrency
exchange BCB Group. The Bitcoin Price Falls 8% From Its High, Worrying InvestorsBitcoin Price Falls 8% From Its
High, Worrying Investors Bitcoin has had an astounding 12 months. The world’s largest cryptocurrency, bitcoin,