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Bitcoin falls 5.1% to $42,689

Published 01/03/2024, 06:17 PM
Updated 01/03/2024, 06:20 PM
© Reuters. FILE PHOTO: Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo
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(Reuters) - Bitcoin fell 5.07% to $42,689 at 23:03 GMT on Wednesday, losing $2,281 from its previous close.

© Reuters. FILE PHOTO: Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo

The world's biggest and best-known cryptocurrency is down 7% from the year's high of $45,922 on January 2.

Ether, the coin linked to the ethereum blockchain network, dipped 6.54% to $2,202.4 on Wednesday, losing $154.1 from its previous close.

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