Hi!

I have a Youtube account that is getting quite popular. I receive around 20 clicks or so per day accompanied with thousands of views.

So my CPC used to be around the £0.30 - £0.70 which was pretty good and it brought in around £10 - £15 a day.
Last week, my CPC had decreased down to £0.02 (Can you believe it?!). It has been like this for a week or so! This has reduced my daily income down to £0.50 - £1.00 or so a day. This is a great reduction!
My videos hasn't changed much, I still make videos about the same things.

Anyone have any idea why my CPC would have gone down so much?
CPM has reduced to!

I live in the UK so I'm using £ - Great British Pounds Currency.

Thanks!

Seems like competition for your niche is had decreased. Are you using adsense ads?

Yes Adsense.
But how could it decrease so quickly? :/