In the last month, the price of Bitcoin has dropped by 15%. According to data from Nomics, it's down 4% this week and up over 15% since April 12. The currency is now worth half of what it was at the beginning of the year. Bitcoin's price reached a new high in May, but has subsequently dropped to $32,123.53. Most market observers could have predicted inflation, but some investors bought at the peak of the market.