Bitcoin falls 7.2% to $28,758 By Reuters

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© Reuters. FILE PHOTO: A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic

(Reuters) – fell 7.23% to $28,758.29 at 22:05 GMT on Wednesday, losing $2,241.68 from its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is down 40.4% from the year’s high of $48,234 on March 28.

Ether, the coin linked to the ethereum blockchain network, dropped 11.56% to $2,071.46 on Wednesday, losing $270.66 from its previous close.

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