Bitcoin falls 8.9% to $34,156

The Bitcoin brand is pictured on a crypto foreign money ATM machine in a store in Union City, New Jersey, U.S., May 19, 2021. REUTERS/Mike Segar

Bitcoin fell by 8.9% to $34,156 at 1000 GMT on Sunday, shedding $3,344.54 from its earlier shut.

Bitcoin, the world’s largest and best-known cryptocurrency, is down 47.4% from this 12 months’s peak of $64,895.22 on April 14.

Ether , the coin linked to the ethereum blockchain community, dropped 11.5% to $2,031.96 on Sunday, down $264.35 from its earlier shut.

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