Bitcoin falls 12.1% to $23366 - Reuters

A representation of virtual currency Bitcoin and a U.S. one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File Photo

June 13 (Reuters) - Bitcoin dropped 12.1% to $23,366 at 2002 GMT on Monday, losing $3,218.95 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 51.6% from the year's high of $48,234 on March 28.

Ether , the coin linked to the ethereum blockchain network, dropped 13.62 % to $1,237.72 on Monday, losing $195.18 from its previous close.

Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Maju Samuel

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