The price of bitcoin has fallen from its November highs of nearly $70,000 to now around $35,000. On Saturday, bitcoin, the world’s largest cryptocurrency by market value, had fallen around 9 percent in just 24 hours. Since the start of the year, it has fallen around 23 percent. Meanwhile, Ethereum, the second largest cryptocurrency, fared even worse, dropping around 15 percent over 24 hours and roughly 35 percent since the new year.
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