Bitcoin, the world’s largest and best-known cryptocurrency, fell 7% to $35,431 on Friday.
While the fall has seen the cryptocurrency lose $2,666.53, it also means Bitcoin has now fallen 45.4% from its all-time high of $64,895.22 on April 14.
Ether, the coin linked to the cryptocurrency system Ethereum, also plunged 8.66%, losing $205.45 from its previous value.
For more information, read the original story in Reuters.
New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways
Tech News Day is a daily publication featuring key news stories about technology and how it affects businesses.
New, Relevant Tech Stories. Our selection is done by industry professionals - executives like you who pick the top stories for that day. Our writers summarize them to give you the key takeaways
© TechNewsDay
