SUBMIT PHOTO: Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic/Illustration/File Photo( Reuters) – Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.Bitcoin, the worlds greatest and best-known cryptocurrency, has fallen 26% from the years high of $58,354.14 on Feb. 21 when it skyrocketed in the middle of increasing self-confidence that it will end up being a mainstream investment and payments vehicle.Major companies such as BNY Mellon, asset supervisor BlackRock Inc and charge card giant Mastercard Inc have backed cryptocurrencies. Tesla Inc, Square Inc and MicroStrategy Inc have actually bought bitcoin.Ether, the coin connected to the ethereum blockchain network, dropped 8.88% to $1,329.46 on Sunday, losing $129.57 from its previous close.Reporting by Juby Babu in Bengaluru; Editing by Lisa Shumaker

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