Bitcoin falls 5% to $37,507 on Bitstamp exchange

Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time.

The world's most popular digital currency fell as low as $36,750 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session.

Rival cryptocurrency Ethereum sank more than 10% to as low as $1,087.

Also Read: Bitcoin crosses USD 40K mark, doubling in less than a month