(Reuters) – Bitcoin, the world‘s biggest and best-known cryptocurrency, closed down 5.2% at $30,121.82 on Wednesday, losing $1,657.93 compared to its previous closing price.
It was down 37.6% from the year’s high of $48,234 hit on March 28.
Ether, the coin linked to the ethereum blockchain network, dropped 6.21% to close at $1,820.05, losing $120.5 from its previous closing price.
(Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Arun Koyyur)