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The cryptocurrency market is in the red this morning.
Bitcoin has fallen to just over $ 47,000 today after rising over the past few days and levels of over $ 49,000. Its current price is 47,263 dollars, which is a drop of almost five percent in the last 24 hours.
And the second most popular cryptocurrency Ether is red. Its value fell by almost 7 percent this morning and it is traded at the price of 3,083 dollars.
Other cryptocurrencies are also in decline. Ripil is worth 1.11 dollars this morning, which is a drop of 10.13 percent, and Cardano records a drop in value of almost 10 percent and its price is 2.6 dollars. By the way, in the previous days, cryptocurrencies were continuously in the black.