# Bitcoin falls 7.4% to $40,632
Author:  Pal Sinha,Barnali
Author URL: https://economystandard.com/author/pal-sinha-barnali/
Published: 2022-02-18
Category: Business
Category URL: https://economystandard.com/category/business/
Meta Title: Bitcoin and Ether Prices Tumble: Full Report
Meta Description: Stay informed on the latest Bitcoin and Ether price drops. Expert reporting by Anirudh Saligrama. Don't miss out on the cryptocurrency market buzz!
URL: https://economystandard.com/bitcoin-falls-7-4-to-40632/

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(Reuters) – Bitcoin dropped 7.4% to $40,631.78 at 2205 GMT on Thursday, down $3,248.05 from its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is down 15.3% from the year-to-date high of $47,989 set on Jan. 2.

Ether, the cryptocurrency linked to the ethereum blockchain network, fell 7.43 % to $2,891.32 on Thursday, down $231.92 from its previous close.

(Reporting by Anirudh Saligrama in Bengaluru; Editing by Leslie Adler)


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