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Bitcoin, the world’s biggest and best-known cryptocurrency, is down 47.4% from this year’s peak of $64,895.22 on April 14.
Ether, the coin linked to the ethereum blockchain network, dropped 11.5% to $2,031.96 on Sunday, down $264.35 from its previous close.
(Reporting by Maria Ponnezhath in Bengaluru; Editing by David Goodman)
This article was originally posted on FX Empire