Bitcoin continues its downward trend, falling 12.1% to $47,176 Reuters

© Reuters. File photo: A representative of the cryptocurrency Bitcoin can be seen in this illustration taken on November 29, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters)-Saturday fell 12.14% to 47,176.09 US dollars, down 6,567.6 US dollars from the previous trading day’s closing.

Bitcoin, the world’s largest and most famous cryptocurrency, is down 31.6% from the year high of $69,000 reached on November 10.

Ethereum, a token related to the Ethereum blockchain network, fell 10.14% on Saturday to US$3,794.61, a decrease of US$428.19 from the previous closing price.

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