CoinDesk reported:
Bitcoin (BTC) dropped 1.7% over the past 24 hours to $27,500, outperforming most digital assets as crypto investment services firm Matrixport touted the largest crypto asset as “better than digital gold.” Bitcoin late Friday and over the weekend seemed primed to challenge a two-month high above $28,400, but was unable to move above $28,200 before sellers finally took over early this morning.