The price of Bitcoin fell by 9% to around $86,000 after three days of significant gains, which added approximately $14,000 to the cryptocurrency.
Experts believe that the reason for the fall was investors' concerns about inflation due to the proposed cryptocurrency and high volatility in the markets.
"We see some correction after the significant rise in Bitcoin over the last few days. Investors have started to protect their profits, which led to a small price drop," said a financial analyst.
