Bitcoin last down 7.4% at $18,915
FILE PHOTO: Representations of cryptocurrency Bitcoin plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration
Bitcoin dropped 7.46 per cent to $18,915.29 at 15:59 GMT on Saturday, losing $1,525.41 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 60.8 per cent from the year's high of $48,234 on March 28.
Ether, the coin linked to the ethereum blockchain network, dropped 8.84 per cent to $988.52 on Saturday, losing $95.9 from its previous close.
Source: Reuters
