Bitcoin falls 5.2% to $22,253

[March 04, 2023]  (Reuters) - Bitcoin dropped 5.2% to $22,253 at 2204 GMT on Friday, losing $1,213 from its previous close.
 
 Bitcoin, the world's biggest and best-known cryptocurrency, is down 11.9% from the year's high of $25,270 on Feb. 16. 

A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File Photo

Ether, the coin linked to the ethereum blockchain network, dropped 5.3% to $1,560.9 on Friday, losing $87.1 from its previous close.

(Reporting by Kanjyik Ghosh in Bengaluru; Editing by Maju Samuel)

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