# Bitcoin falls 4.5% to $26,916
Published: 2023-03-23
Category: Headlines
Category URL: https://bizdispatch.com/category/headlines/
Meta Title: Bitcoin Price Drops 4.5% to $26,916: What Caused the Plunge?
Meta Description: Stay informed on the latest cryptocurrency market trends with Reuters. Bitcoin and Ether prices decline, impacting crypto investments.
URL: https://bizdispatch.com/bitcoin-falls-4-5-to-26916/

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(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing $1,276 from its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is down 7% from the year’s high of $28,936 on March 22.

Ether, the coin linked to the ethereum blockchain network, dropped 4.67 % to $1,722.6 on Wednesday, losing $84.3 from its previous close.

(Reporting by Yana Gaur in Bengaluru; Editing by Shounak Dasgupta)


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