The bitcoin price is now hovering below the psychologically sensitive $85,000 level, falling just over 3% in the past 24 hour period, according to CoinMarketCap data. With the latest declines, the BTC price is basically flat over the past week,

Cryptocurrencies don’t behave like safe havens, which would rise when shares are falling. Rather, they tend to trade like risk stocks like technology companies.

The bitcoin price is little changed over the past 24 hours as traders and investors decide which way they want to go. Over the past seven-day stretch, the bitcoin price has popped 2% while it’s up a greater 10% since its bottom in the month of March.