It fell again, last down 4 per cent, down 4 per cent.
On Saturday, the price of virtual currency dropped again, as it was down around 4 per cent for the day, hovering around $35,000 level.
The world's biggest and best-known criptome is about half of its $69,000 peak in November. It was last at $35,049, after falling as low as $34,000 and following a steep fall on Friday.
The currency has had wild price swings and has been hit as risk appetite has fallen due to inflation fears and anticipation of a more aggressive rate of interest rate hikes from the U.S. Federal Reserve.
Other risk assets have fallen with stocks falling on Friday. The S&P 500 and Nasdaq have recorded their biggest weekly decline since the start of the epidemic in March 2020.
Edward Moya, senior market analyst for the Americas at OANDA, said thatcryptocurrencies were falling as traders de-risk portfolios were slipping due to the bloodbath in stocks and in advance of the Federal Reserve policy meeting next week.
Moya wrote on Friday that if $37,000 breaks, there is not much support until the $30,000 level.
The coin, linked to the ethereum network, dropped by 6.7 per cent to $2,396 on Saturday.