Bitcoin falls 8.4% to $49,228.82


FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. REUTERS/Edgar Su

(Reuters) - Bitcoin dropped 8.4% to $49,228.82 at 20:01 GMT on Saturday, losing $4,514.87 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 28.7% from the year's high of $69,000 on Nov. 10.

Ether, the coin linked to the ethereum blockchain network, dipped 2.69 % to $4,109.14 on Saturday, losing $113.66 from its previous close.

(Reporting by Juby Babu in Bengaluru; Editing by Cynthia Osterman)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

   

Next In Tech News

Opinion: Why are my grandkids so fascinated with toy influencers?
Is the allure of cryptocurrency fading?
Two women in the US believe Apple AirTag was used to stalk them after leaving restaurant
Why Microsoft spends US$69bil for video games
Wordle up: Online word game is viral brain teaser
Boulben withdraws from race for Orange CEO post, le Figaro reports
Bitcoin falls 5.6% to $34,448
Car-buyer backlash looms as automakers pursue software riches
'Mario Party Superstars': A family-friendly nostalgia trip
Bitcoin mining’s hearing in US house questions power usage

Others Also Read


Vouchers