The price of bitcoin fell below $14,000 after hitting a new all-time of $20,089 on Sunday, December 17th.
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At press time, the price is $14,150.10 according to CoinMarketCap.com.
The top 20 cryptocurrencies are all experiencing dips after hitting all-time highs this week apart from Ripple, currently in third place by market capitalization.
Ripple is up over 30 percent in the last hour and is now at 1.20 at press time.
Bitcoin Cash, the cryptocurrency that was created as a result of a bitcoin hard fork on August 1st, hit an all-time high yesterday at $4,329 but is down more than 20 percent, priced at $2,757.93 at press time.