Bitcoin falls 8.9% to $34,156

(Reuters) – Bitcoin fell by 8.9% to $34,156 at 1000 GMT on Sunday, dropping $3,344.54 from its earlier shut.
Bitcoin, the world’s largest and best-known cryptocurrency, is down 47.4% from this 12 months’s peak of $64,895.22 on April 14.
Ether, the coin linked to the ethereum blockchain group, dropped 11.5% to $2,031.96 on Sunday, down $264.35 from its earlier shut.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by David Goodman)

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