Bitcoin has dropped below $7,000, reaching a month-low since Feb. 7 while the cryptocurrency market is seeing a major sell-off.
Each of the top 20 cryptocurrencies by market capitalization hit an all-time price high in the past four days, according to market data.
The price of bitcoin has hit its highest level in the last year, trading at $436 and climbing at press time.
The busiest day for bitcoin exchanges ever was recorded on 26th November, according to data provider Bitcoinity.
The price of bitcoin increased by 12% today, reaching a weekly high of $368.51 at 12:30 (UTC).
Bitcoin's recent price surge caught the attention of mainstream journalists worldwide, with many noting bitcoin's comeback as it surged past $400.
After days of positive growth, the price of bitcoin on the CoinDesk USD Bitcoin Price Index dropped $40 to fall below $400 today.
The price of bitcoin surpassed the $450 mark today for the first time since November 2014.
The price of bitcoin has surpassed the $400 mark today for the first time since November 2014.
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