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Bitcoin price (BTC/USD) tumbles toward $8,500 on Monday morning

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The Bitcoin price (BTC/USD) has edged lower on Monday, failing to maintain the positive momentum it had gained in the previous session.

The original cryptocurrency enjoyed some solid trading over the weekend, which helped it recover from the big price slump, which it had experienced in late Thursday and early Friday trading. Having opened at $8,573.84 on Saturday, the digital coin rose to as high as $8,625.60, but ultimately failed to defend its modest gains. BTC finished the day at $8,564.02, according to data from digital currency tracker Coinmarketcap.

Bitcoin had more success on Sunday, especially during ...

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