Bitcoin extends downtrend, falls 12.1% to $47,176
(Reuters) – Bitcoin dived 12.14% to $47,176.09 on Saturday, dropping $6,567.6 from its earlier shut.
Bitcoin, the world’s largest and best-known cryptocurrency, is down 31.6% from the yr’s extreme of $69,000 reached on Nov. 10.
Ether, the coin linked to the ethereum blockchain neighborhood, dropped 10.14 % to $3,794.61 on Saturday, dropping $428.19 from its earlier shut.
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Shri Navaratnam)
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