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Bitcoin falls by over 5% to $48,500

As of 05:26 Moscow time Bitcoin fell by 5.78% to $48,500

MOSCOW, April 23. /TASS/. Bitcoin fell by 5.78% to $48,500, according to the trading data as of 05:26 Moscow time. CoinDesk reported on Friday.

As of 05:30 Moscow time, bitcoin declined by 4.22% to $49,303.

Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. It can be issued by any user who is a member of the system. The system concept was published in November 2008, but has exploded in popularity in recent years.