Bitcoin down by 7.1% to $62,346

(Reuters) – Bitcoin fell 7.1% to $62,346 at 20:31 GMT on Saturday, adding $5,050 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is down 15.8% from the year’s high of $73,794 on March 14.

(Reporting by Urvi Dugar in Bengaluru; editing by Jonathan Oatis)