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

Bitcoin plunges by more than 10%, now trading  under $49,000
# 23 February 2021 10:31 (UTC +04:00)

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.

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