Bitcoin falls 4.94% to $36,007

A representation of the cryptocurrency bitcoin is seen in front of a stock chart and a U.S. dollar in this illustration taken January 24, 2022. REUTERS/Dado Ruvic/File Photo Acquire license rights

Nov 16 (Reuters) - Bitcoin fell 4.94% to $36,007 at 2117 GMT on Thursday, losing $1,870 from its previous close.

Bitcoin, the world's largest and best-known cryptocurrency, is down 5.2% from a year's high of $37,978 on Nov. 9.

Ether, the currency linked to the Ethereum blockchain network, fell 4.86% to $1,959.8 on Thursday, losing $100.2 from its previous close.

Reporting by Jose Joseph in Bengaluru; editing by Jonathan Oatis

Our standards: The Thomson Reuters Trust Principles.

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