Bitcoin falls by $3,000 after hitting record high of $17,000
The world's largest cryptocurrency Bitcoin's price fell by over $3,000 to below $14,000 on Friday, just hours after reaching an all-time high of over $17,000. However, the cryptocurrency recovered later and was trading between $14,000 and $16,300. Bitcoin currently has a market capitalisation of $263 billion and accounts for over 60% of the cryptocurrency market.