technology

Bitcoin falls 5% to trade below $48,000, Ether down 5.5%

Bitcoin falls 5% to trade below $48,000, Ether down 5.5%

Worlds largest cryptocurrency Bitcoin fell as low as 5% on Monday and was trading below $48,000. Ether, the second-largest digital currency, was also trading 5.5% lower at $3,965. The development came after several global cryptocurrencies plunged over the weekend amid worries about the Omicron variant of coronavirus. Bitcoin lost over a fifth of its value at one point on Saturday..

technology 2021-12-06 Inshorts