Bitcoin Drops More Than $2,000 in Less Than a Day Bitcoin prices dropped to a <br />low of $11,346.85 after hitting a 17-month <br />high a day earlier at $13,485.85. Bitcoin’s all-time high of $20,000 was reached in December 2017. Several industry leaders have noted leverage as the reason behind the instability of bitcoin, with many using the cryptocurrency to borrow money <br />for trades. Former hedge fund manager and CEO of Galaxy Digital Holdings, Michael Novogratz, expects the range to stay between $10,000 to $14,000 <br />moving forward.
