Bitcoin dropped 9.95% to $48,397.56 at 18:02 GMT on Saturday, losing $5,346.13 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 29.9% from the year's high of $69,000 on Nov. 10.
Ether , the coin linked to the ethereum blockchain network, dropped 4.67 % to $4,025.67 on Saturday, losing $197.13 from its previous close.Reporting by Juby Babu in Bengaluru; Editing by Daniel WallisSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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