Bitcoin price plunges 17 percent after reaching all-time high – New York Post
The price of Bitcoin plummeted Monday as a dizzying rally in the world’s biggest cryptocurrency hit a speed bump.
Bitcoin tumbled about 17 percent to $28,154.11 in early-morning trading just a day after it surged to a new all-time high of $34,544.94 on Sunday, according to data from cryptocurrency news site CoinDesk.
The popular digital coin pared the losses into the morning and was recently off 7.9 percent at $31,284.72, giving it a market value of roughly $582 billion.
Monday’s tumble Bitcoin’s…