Bitcoin fell 7.37% to $32,094.44 on Friday, losing $2,554.88 from its previous close.
The world's largest cryptocurrency dropped 50.5% from a year high of $64,895.22 on April 14.
Ether, which is linked to the Ethereum blockchain, fell 6.97% to $1,850.91, losing $138.72 from its previous close.