Bitcoin extends fall, drops below $35,000 level; ether slumps 4%
MUMBAI: Top cryptocurrencies fell on Thursday, with bitcoin declining over 3% to below the $35,000 mark. The crypto asset traded at $34,694 as of 12 pm, as per data available with crypto exchange WazirX. According to experts, the sell-off has come on the back of former US Federal Reserve Chairperson Janet Yellen’s comments that cryptocurrencies are “mainly” used for illegal activities.