LONDON: At 2204 GMT, Bitcoin was down 5.2 percent or $1,213 from its previous closing, at $22,253.
Bitcoin which is the largest and most well-known cryptocurrency in the world is down 11.9 percent from its year-high of $25,270 that was reached on February 16.
The price of the cryptocurrency connected to the Ethereum blockchain network ‘Ether’ fell by 5.3 percent on Friday to $1,560.9 after losing $87.1 from its previous closing.
Read more: SEC objections to Voyager-Binance deal criticized by US judge
A US bankruptcy judge criticized the Securities and Exchange Commision for casting vague doubts about crypto lender Voyager Digital’s proposed sale to Binance.US, saying the regulator had essentially asked to “stop everybody in their tracks” without explaining how to address its concerns.
US Bankruptcy Judge Michael Wiles made the remarks at a court hearing in New York to consider Voyager Digital’s restructuring plan that would sell its assets and transfer its customers to crypto exchange Binance.US.
