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Bitcoin extends downtrend, falls 12.1% to $47,176 -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – This illustration depicts cryptocurrency Bitcoin taken November 29, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) – The stock fell 12.14%, to $47.176.09, on Saturday. It lost $6,567.6 since its previous close.

Bitcoin, the most well-known and largest cryptocurrency in the world, has fallen 31.6% since Nov. 10, when it reached $69,000.

Ether (the coin that is linked to the blockchain network ethereum) dropped 10.14% to $3.794.61 on Saturday. It also lost $428.19 since its last close.

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