Bitcoin falls 12.1% to $23,366

Bitcoin dropped 12.1% while Ether dropped 13.62%

Reuters June 14, 2022

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.

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