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Bitcoin falls 7% to $35,431.15 – Metro US

Bitcoin falls 7% to $35,431.15

FILE PHOTO: Illustration of Bitcoin
FILE PHOTO: Illustration of Bitcoin

(Reuters) – Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is down 45.4% from the year’s high of $64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, dipped 8.66 % to $2,165.68 on Friday, losing $205.45 from its previous close.

(Reporting by Juby Babu in Bengaluru; Editing by Chris Reese)