Bitcoin Declines to Extend Weekly Losses

Bitcoin fell on Friday by more than 5% to trade near $36,340, as cryptocurrencies showed high selling pressures.

The world’s largest digital currency has now lost about 4.6% over the past seven days.

In a similar way, Ethereum plunged by about 7.7% to $2,515, but remained higher on a weekly basis by about 1.6%.

Meanwhile, Dogecoin lost 5% to reach $0.315, with weekly losses exceeding 10%.