Bitcoin Experiences Yet Another Massive Drop To $34,156, up 8.9%.

Bitcoin fell 8.9% to $34,156, a loss of $3,344.54 compared to the previous closing.

Bitcoin, the world’s largest and most well-known cryptocurrency, is down 47.4% from its peak of $64,895.22 on April 14.

Ether, the cryptocurrency linked to the Ethereum blockchain network, dropped 11.5 percent to $2,031.96 on Sunday from a previous close of $264.35.