Bitcoin falls 12.1% to $23,366
Bitcoin dropped 12.1% while Ether dropped 13.62%
Bitcoin, which surged in 2020 and 2021, is down around 50% so far this year. PHOTO: REUTERS
Bitcoin dropped 12.1% to $23,366 at 2002 GMT on Monday, losing $3,218.95 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 51.6% from the year's high of $48,234 on March 28.
Ether , the coin linked to the ethereum blockchain network, dropped 13.62 % to $1,237.72 on Monday, losing $195.18 from its previous close.