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BITCOIN flips at 5.5% to $53,436

Bitcoin jumps today. Image: File

Bitcoin jumped on Friday, which caused the immense loss of $3,112.06 from its preceding closing.

Bitcoin is the world’s major and best-known cryptocurrency is down at 22.6% from the year’s high of $69,000 on Nov. 10.

Furthermore, Ether, which is a coin linked to the ethereum blockchain network went drastically down at 6.81% to $4,208.68 on Friday, losing $307.35 compared to the previous close. The funding on the cryptocurrency BitMEX also fell to 0.18% from the 0.01% in the months of November.

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