(Reuters) – Bitcoin dropped 7.4% to $40,631.78 at 2205 GMT on Thursday, down $3,248.05 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is down 15.3% from the year-to-date high of $47,989 set on Jan. 2.
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
Ether, the cryptocurrency linked to the ethereum blockchain network, fell 7.43 % to $2,891.32 on Thursday, down $231.92 from its previous close.
(Reporting by Anirudh Saligrama in Bengaluru; Editing by Leslie Adler)