Bitcoin falls 5.6% to $34,448


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 5.6% to $34,448.94 at 18:10 GMT on Saturday, losing 1,878.27 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 1.8% from the year's low of $34,000 on Jan. 22.

Ether, the coin linked to the ethereum blockchain network, dropped 8.4% to $2,352.72 on Saturday, losing $189.64 from its previous close.

(Reporting by Rhea Binoy 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

From drones to sensors, Malaysian durian grower goes high-tech
Google urged to stop location tracking to protect privacy of abortion seekers
Elon Musk drops out of US$200bil club again as Tesla tumbles
Google marks 15 years of Street View
How autonomous drones could help make cities even ‘smarter’
New tool seeks to protect journalists from online hate
Twitter users told to watch for scam messages about verified accounts
Bitcoin and crypto prices are extremely volatile ` What to do when they’re crashing
Is 'Fearless Girl' the new symbol of women in the world of crypto?
Lyft to slow hiring, assess budget cuts

Others Also Read