Bitcoin falls 7.2% to $26,634
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A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File photo
(Reuters) - Bitcoin dropped 7.2% to $26,634 at 21:45 GMT on Thursday, losing $2,067 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 16.3% from the year's high of $31,818 on July 13.
Ether, the coin linked to the Ethereum blockchain network, dropped 11.29% to $1,547.4 on Thursday, losing $203.8 from its previous close.
(Reporting by Yana Gaur in Bengaluru; Editing by Shinjini Ganguli)
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