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Bitcoin falls 8.4% to $49,228.82 By Reuters


© Reuters. FILE PHOTO: A illustration of the digital cryptocurrency Bitcoin is seen on this image illustration taken October 19, 2021. REUTERS/Edgar Su

(Reuters) – dropped 8.4% to $49,228.82 at 20:01 GMT on Saturday, shedding $4,514.87 from its earlier shut.

Bitcoin, the world’s greatest and best-known cryptocurrency, is down 28.7% from the 12 months’s excessive of $69,000 on Nov. 10.

Ether, the coin linked to the ethereum blockchain community, dipped 2.69 % to $4,109.14 on Saturday, shedding $113.66 from its earlier shut.

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