Bitcoin fell 6.9% to below 30,000 dollars

Bitcoin, the world’s largest and most popular cryptocurrency, fell 6.9% to, 29,555.35 on Wednesday at 22:03 GMT, losing 2,262.81 from its previous close.

It was 38.9 percent lower than the year-high of, 48,234 on March 28. Ether, a coin belonging to the Ethereum blockchain network, fell 7.52% to $ 1,794.68, with a loss of $ 145.87 from its previous close.