A blow to cryptocurrencies.. Bitcoin loses a third of its highest value

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The cryptocurrency Bitcoin fell 12.14% to $47,176.09 on Saturday, losing $657.67 from the previous close.

Bitcoin, the world’s largest and most popular cryptocurrency, fell 31.6% from peak year $69 thousand recorded on the tenth of November.

dropped Ether coin price 10.14% to $3794.61 today, Saturday, to lose $428.19 from its previous close, according to “Reuters”.

News of the emergence of a new strain of the Corona virus that may be resistant to currently available vaccines prompted investors to rush to resort to safe havens in currencies such as the Japanese yen and the Swiss franc, while traders also took profits after a rally in the US dollar.



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