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Bitcoin falls 8.6% to US$32,540

Bitcoin falls 8.6% to US$32,540

FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration

REUTERS: Bitcoin dipped 8.57 per cent to US$32,540.35 at 2011 GMT on Monday, losing US$3,049.42 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 49.9 per cent from the year's high of US$64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, dropped 13.13 per cent to US$1,948.23 on Monday, losing US$294.37 from its previous close.

Source: Reuters

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