A representation of cryptocurrency bitcoin is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022.
REUTERS/Dado Ruvic/File Photo Acquire Licensing RightsNov 16 (Reuters) - Bitcoin dropped 4.94% to $36,007 at 2117 GMT on Thursday, losing $1,870 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 5.2% from the year's high of $37,978 on November 9.
Ether , the coin linked to the ethereum blockchain network, dropped 4.86 % to $1,959.8 on Thursday, losing $100.2 from its previous close.
Reporting by Jose Joseph in Bengaluru; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons:
Dado, Jose Joseph, Jonathan Oatis
Organizations:
REUTERS, Thomson
Locations:
Bitcoin, Bengaluru