» Bitcoin plummets more than 10% in its biggest drop in months, just days after reaching a record high Bitcoin plummets more than 10% in its biggest drop in months, just days after reaching a record high Zahra TayebApr 18, 2021, 19:31 IST Bitcoin climbed on Thursday morningSOPA Images/Getty Images Bitcoin slipped 10.8% in the 24 hours to Sunday morning. It was the biggest single-day drop since February, Bloomberg reported. Reports attributed the drop to speculation the US Treasury may scrutinize digital currencies closer. Bitcoin tumbled to its biggest single-day drop since February over Saturday, just days after reaching a record high, Bloomberg reported. Bitcoin fell 10.8% in the 24 hours to Saturday 7am ET, from $61,396 to $54,750. At one point, it reached a low of $51,300 after it dropped more than $7,000 in a single hour, before partially recovering.