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Bitcoin fell 7.7% to $ 55,408

PHOTO PHOTO: Presentation of Bitcoin virtual currency and US dollar banknotes can be seen in front of the stock chart of this illustration, made on January 8, 2021. REUTERS / Dado Ruvich /

(Reuters) – Bitcoin, the world’s largest and most well-known cryptocurrency, fell 7.7 percent to $ 55,408.08 on Sunday, losing $ 4,624.21 since its previous close.

Ether, the coin linked to the ethereum blockchain network, fell 6.53% to $ 2,165.91 on Sunday, losing $ 1

51.2 since its previous close.

Report by Aakriti Bhalla in Bengaluru; Edited by Anna Nicolachi da Costa

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