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Bitcoin falls 8.4% to $49,228.82 -Breaking

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© Reuters. FILEPHOTO: This illustration depicts the virtual currency Bitcoin. It was taken on October 19, 2021. REUTERS/Edgar Su

(Reuters) – Dropped 8.4% at $49,228.82 on Saturday at 20:01 GMT, losing $4,514.87 since its previous close.

Bitcoin, the most well-known and largest cryptocurrency in the world, has fallen 28.7% since Nov. 10, when it was at $69,000.

Ether (the coin that is linked to the blockchain network ethereum) dropped 2.69% to $4.109.14 on Saturday. The currency also lost $113.66 from the previous close.

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