Global cryptocurrency market fell by 3 per cent today to $2.07 trillion as of 9 am IST as Bitcoin (BTC) slipped below $49,000 with an intra-day low of $47,700. BTC closed the day with a 2 per cent decline at $48,200, its current support level. Microstrategy announcing the purchase of 3,900 Bitcoins hasn’t moved the market much though it augurs well from an institutional adoption front.