Bitcoin falls 8.9% to $34,156

FILE PHOTO: A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken,May 19, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - Bitcoin fell by 8.9% to $34,156 at 1000 GMT on Sunday, losing $3,344.54 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 47.4% from this year's peak of $64,895.22 on April 14.