Bitcoin falls 6.1 percent to US$47,607
Bitcoin dropped 6.13per cent to US$47,606.92 on Tuesday, losing US$3,111.19 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31per cent from the year’s high of US$69,000 on Nov. 10.
Ether, the coin linked to the ethereum blockchain network, dropped 5.57 per cent to US$3,812.6 on Tuesday, losing US$224.8 from its previous close.
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Chris Reese)