The Bitcoin (BTC) price has been roaming below the crucial $67,000 after it briefly touched an intraday high of around $67,600. 

BTC declined by 0.7% in the past 24 hours and is trading at $66,500 at the time of writing. The asset’s market cap is standing on the cliff side of the $1.3 trillion mark. Bitcoin’s daily trading volume, however, has increased by 40%, reaching $22.2 billion.

Moreover, the BTC price plunge comes amid declining whale activity. According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of BTC dropped by 51% over the past five days — decreasing from 11,757 transactions on May 15 to 5,756 unique transactions per day at the reporting time.

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