This morning, Bitcoin fell again by more than 5%, falling below the $55,000 mark.
According to Coinglass data, as of press time, Bitcoin is now at $54,887 per coin, a 24-hour drop of 5.71%.
The sharp drop in Bitcoin prices has led to a sharp drop in the virtual currency market. The top 10 cryptocurrencies by market value have mostly fallen between 6% and 9%.
