Bitcoin drops 12.1% to $23,366

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Bitcoin fell 12.1% to $23,366 at 2002 GMT on Monday, losing $3,218.95 from its previous close.

Bitcoin, the world’s largest and most well-known cryptocurrency, is down 51.6% from the year’s high of $48,234 on March 28.

Ether, the coin linked to the Ethereum blockchain network, fell 13.62% to $1,237.72 on Monday, losing $195.18 from its previous close.

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