The price of Bitcoin (BTC) has fallen three days in a row as traders assess many downside factors, including higher transaction fees and bearish signals for risk-on markets from legendary investor Warren Buffett.
BTC price dropped below $27,500 on May 9, down 8% from its local high of $29,850 established three days ago. Moreover, the dip accompanied a rise in trading volumes, suggesting the move has momentum behind it.