The most popular digital token is up 116% this year so far after hitting a record high of near $67,000 in October.
Ether, the coin linked to ethereum blockchain and the second largest crypto, also plunged 1% to $4,555, as per CoinDesk, whereas dogecoin fell 1% to $0.26.
The steady stream of news on cryptocurrency adoption by banks, growth of nonfungible tokens on virtual gaming platforms, launch of bitcoin futures-based U.S.
According to digital assets researcher CryptoCompare, assets under management in digital investment products rose 45.5% in October to a record high of $74.7 billion.