After topping $3,000 for the first time, the price of bitcoin has abruptly dropped more than $300.

The digital currency climbed to a new all-time high of $3,012.05 on the CoinDesk Bitcoin Price Index (BPI) on Sunday, but fell to a daily low of $2,650 several hours later. On Bitcoin.com, the cryptocurrency also dropped from a high of $2,975.06 to $2,676.93, while on Bitstamp, the digital currency slid to $2,480.03 from a high of $2,980.

The decline, however, was short-lived as BPI data showed the prices returning to under $2,900. And even with Monday’s decline, bitcoin continues to be more than 250 percent higher in valuation this year. The cryptocurrency first powered through the $2,000 barrier in May, and since then, bitcoin’s steady advance to record territory continues.

BTC VIX, organizer of bitcoin trading forum Whale Club, told CoinDesk, the price fluctuation could indicate “standard technical divergences—we made a higher high on less volume and waning momentum.”