Bitcoin falls by 5.2% to $33,849, Ether down 6.3%

Bitcoin dipped 5.16 per cent to $33,849.47 at 18:00 GMT on Saturday, losing $1,842.99 from its previous close.

Ether, the coin linked to the Ethereum blockchain network, dropped 6.26 per cent to $2,262.06 on Saturday, losing $151.11 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 47.8 per cent from the year's high of $64,895.22 on April 14.


It has been less volatile in the past week but losses this month have been heavy at 38 per cent, driven by growing regulatory pressures on the sector. It is trading at levels last seen in January and at roughly half its peak value.