The cryptocurrency stood at $36,229, down 0.12% for the 24-hour period ending at nearly 5:30 a.m. Eastern time Monday.
Multiple reports overnight said China has stepped up its blocking of bitcoin trading as well as mining, preventing numerous cryptocurrency-related accounts on Weibo.
Elon Musk also drew the ire of the Anonymous hackers group, who blamed the Tesla CEO for "constantly trolling" cryptocurrency markets.
In a video posted to Twitter by the group, they said, "Recently … people are beginning to see you as another narcissistic rich dude who is desperate for attention."
Ethereum, meanwhile, was trading at $2,776, up 1.44% early Monday. It had fallen as low as $2,743 earlier Monday morning, but has made a steady climb since then to its current level.