Bitcoin, the world’s best-know cryptocurrency, dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.
Mainstream firms such as BNY Mellon and credit card giant Mastercard Inc have backed cryptocurrencies. MicroStrategy, Tesla Inc and Square Inc have invested in bitcoin.
Ether,the coin linked to the ethereum blockchain network, dropped 8.88% to $1,329.46 on Sunday, losing $129.57 from its previous close.
