Bitcoin falls 1.eight % to $50,270 By Reuters

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© Reuters. FILE PHOTO: The representation of the virtual currency Bitcoin can be seen in this picture on a motherboard

(Reuters) – fell 1.77% to $ 50,269.9 on Saturday, down $ 906.75 from the previous closing price.

Bitcoin, the world’s largest and best-known cryptocurrency, is down 22.5% from its annual high of $ 64,895.22 on April 14.

Ether, the coin connected to the Ethereum blockchain network, fell 4.91% on Saturday to $ 2,253.41, down $ 116.36 from its previous closing price.

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