Bitcoin falls 3.7% to $24987 – Reuters


June 14 (Reuters) – Bitcoin dropped 3.65% to $24,987 at 2103 GMT on Wednesday, losing $947 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 19.5% from the year's high of $31,035 on April 14.
Ether , the coin linked to the Ethereum blockchain network, dropped 5.36% to $1,646.1, losing $93.3 from its previous close.
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China's state planner on Wednesday praised Tencent and Alibaba in a statement detailing a study it had done on platform firms, in the latest sign authorities are warming up to the technology sector after a nearly three-year crackdown.
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