Bitcoin dropped 5.71% to $35,210 at 0600 GMT on Saturday, losing $2,131.11 from its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is down 45.7% from its 2021 high of $64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, dropped 2.54 % to $2,293.26 on Saturday, losing $59.84 from its previous close.