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Bitcoin Falls 7.2% to $28,758

Skylar Shaw

May 12, 2022 09:58

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At 22:05 GMT on Wednesday, bitcoin was down 7.23 percent to $28,758.29, a loss of $2,241.68 from its previous closing.


Bitcoin, the world's most popular cryptocurrency, is down 40.4 percent from its all-time high of $48,234 on March 28.


On Wednesday, the cryptocurrency tied to the Ethereum blockchain network, fell 11.56 percent to $2,071.46, a loss of $270.66 from its previous closing.