Bitcoin falls 9.2% to $48,782

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(Reuters) – Bitcoin dropped 9.29% to $48,752.15 at 22:01 GMT on Saturday, dropping $4,991.54 from its earlier shut.

Bitcoin, the world’s largest and best-known cryptocurrency, is down 29.3% from the yr’s excessive of $69,000 on November 10.

Ether, the coin linked to the ethereum blockchain community, dropped 3.61% to $4,070.52 on Saturday, dropping $152.28 from its earlier shut.

(Reporting by Juby Babu in Bengaluru; Editing by Daniel Wallis)



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