1/22, 7:47 PM (Source: TeleTrader)
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Bitcoin tumbles 5%, trading below $35,000

Cryptocurrencies continued tumbling on Saturday, with Bitcoin falling more than 5% and selling below $35,000. During the day, Ether trailed it in the fall, losing more than 8%.

The declines in cryptocurrencies follow Wall Street losses on Thursday and Friday, as well as the Russian Central Bank's proposal to prohibit mining and trading on Russian territory.

Bitcoin fell 5.24% to go for $34,430.056 at 1:32 pm ET, and Ether was down 8.9% to sell for $2,340.040 at the same time.

Baha Breaking News (BBN) / JG