Bitcoin fell 7.23% to $28,758.29 at 22:05 GMT on Wednesday, losing $2,241.68 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is down 40.4% from the year’s high of $48,234 on March 28.
Read more: Bitcoin falls to 10-month low as stock markets tumble
Ether, the coin linked to the ethereum blockchain network, dropped 11.56% to $2,071.46 on Wednesday, losing $270.66 from its previous close.
