Bitcoin price drops to $29,571

The price of the cryptocurrency bitcoin has fallen 0.2% to $29,571 since 5 p.m. Friday, according to data compiled by Bloomberg News today.

Bitcoin prices fluctuated by an average of 1.4%, trading between $29,466 and $29,863.

Bitcoin is now down 57% from its November 10 high of $68,992.

Bitcoin lost 5.4% of its value in the past week and is down 36% so far this year.

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