Bitcoin: Sharp Decline After Peak

Bitcoin fell sharply again today, Monday, after reaching an unprecedented high of $61,781.83 at the weekend, after US President Joe Biden signed his $1.9 trillion financial stimulus package and directed him to speed up vaccinations.

In early trading in London, the world’s most popular cryptocurrency fell below $55,000 for a while, it was down 5.2% to $55,973.30.