Bitcoin has lost more than half its value since last year’s all-time high

Enlarge / Hydro-Québec’s Bersimis-2 dam in Baie Comeau, Québec is pictured on January 20, 2018. (credit: David L. Ryan/The Boston Globe via Getty Images)

On Sunday, the price of Bitcoin continued to fall, losing 5 to 6 percent of its value.

According to CoinMarketCap, since an all-time high of near $20,000 per bitcoin on December 17, 2017, the cryptocurrency has lost more than half of its value, currently trading at around $7,200.

Overall, Bitcoin’s price is up by about 150 percent compared with this same time last year, when it was trading around $2,800.