Thursday, 20 May 2021 07:23 AM MYT Bitcoin has dropped some 40 per cent from a record high of US$64,895 hit on April 14. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, May 20 ― Cryptocurrencies that seemed to be defying gravity just weeks ago came back down to earth with a bump yesterday after a roller-coaster ride which could undermine their potential as mainstream investments. The two main digital currencies, bitcoin and ether, fell as much as 30 per cent and 45 per cent respectively, but significantly pared losses after two of...