The apex crypto has been ranging between about $48,000 and $33,000 since the start of 2022.
What Happened: Bitcoin has been falling since the beginning of the year, dropping from $47,881.41 on Jan.
Bitcoin spent most of the months of March and April in a range, marking its current high for 2022 on March 28, a peak of $48,086.84.
BTC has slowly declined to start the month of May, getting as high as $39,789.28 on May 5.