Bitcoin falls 8.6% to $32,540


FILE PHOTO A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14 2021.   REUTERSEdgar SuIllustration

FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration

(Reuters) - Bitcoin dipped 8.57% to $32,540.35 at 2011 GMT on Monday, losing $3,049.42 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 49.9% from the year's high of $64,895.22 on April 14.

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