Bitcoin falls 8.3per cent to $38,932
Bitcoin dropped 8.3per cent to $38,932.49 at 2308 GMT on Friday, losing $3,523.07 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is up 18.2per cent from the year’s low of $32,950.72 on Jan. 24.
Ether, the coin linked to the ethereum blockchain network, dropped 7.87 per cent to $2,611.38 on Friday, losing $223.19 from its previous close.
(Reporting by Akanksha Khushi in Bengaluru; Editing by Maju Samuel)