Bitcoin extends downtrend, falls 12.1% to US$47,176
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[BENGALURU]- Bitcoin dived 12.1 per cent to US$47,176.09 on Saturday, losing US$6,567.6 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 31.6 per cent from the year's high of US$69,000 reached on Nov 10.
Ether, the coin linked to the ethereum blockchain network, dropped 10.1 per cent to US$3,794.61 on Saturday, losing US$428.19 from its previous close.
REUTERS
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