Bitcoin falls 6.1 percent to $47,607 By Reuters

© Reuters. FILE PHOTO: A illustration of the digital cryptocurrency Bitcoin is seen on this image illustration taken October 19, 2021. REUTERS/Edgar Su

(Reuters) – dropped 6.13% to $47,606.92 on Tuesday, shedding $3,111.19 from its earlier shut.

Bitcoin, the world’s largest and best-known cryptocurrency, is down 31% from the 12 months’s excessive of $69,000 on Nov. 10.

Ether, the coin linked to the ethereum blockchain community, dropped 5.57 % to $3,812.6 on Tuesday, shedding $224.8 from its earlier shut.

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