Bitcoin drops to $44,283

The price of the cryptocurrency bitcoin has fallen 0.5% since 5 p.m. Friday to $44,283 at 10 a.m. Saturday in New York, according to data compiled by Bloomberg News on Saturday.
Bitcoin prices fluctuated at an average rate of 1.1%, as they are traded between $44,113 and $44,293.

It is now down 36% from its high on November 10 at $68,992.

Bitcoin added 7.6% to its value last week and is down 4.4% so far this year.