Published: Apr 12, 2022, 07:17 IST | Updated: Apr 12, 2022, 07:17 IST
Bitcoin has dropped 5.3 percent to $39,881. The world's biggest and best-known cryptocurrency is down 7.3 percent from the year's high of $48,234 on March 28. The price was also down as investors assessed the risks from rising rates and the potential for more tightening by Federal Reserve