Bitcoin plunges by more than 10%, now trading under $49,000

Bitcoin plunges by more than 10%, now trading  under $49,000
  • Clock-gray 10:31
  • calendar-gray 23 February 2021

 

Bitcoin has continued its drop on Tuesday, trading $49,000 per one coin compared to $55,000 on Monday, APA reports citing Sputnik.

The cryptocurrency has seen massive growth up until now, gaining 700% in value since January last year, when it cost $7000.

Note that Bitcoin broke its record last week, reaching past the price of $57,000.

 

 

 

Gunay Elshadgizi

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