(Reuters) Bitcoin was down 5.6 percent to $34,448.94, down 1,878.27 from its previous closing.

Bitcoin, the world’s most popular cryptocurrency, is up 1.8 percent from its year-low of $34,000 on January 22.

On Saturday, Ether, the cryptocurrency tied to the Ethereum blockchain network, fell 8.4% to $2,352.72, a loss of $189.64 from its previous closing.

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