Bitcoin falls 7per cent to US$35,431.15

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Bitcoin dropped 7per cent to US$35,431.15 at 20:02 GMT on Friday, losing US$2,666.53 from its previous close.

FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this picture illustration taken June 7, 2021.

Edgar Su/IllustrationBitcoin, the world's biggest and best-known cryptocurrency, is down 45.4per cent from the year's high of US$64,895.22 on April 14.Ether, the coin linked to the ethereum blockchain network, dipped 8.66 per cent to US$2,165.68 on Friday, losing US$205.45 from its previous close.

 

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