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Wednesday, November 27, 2024

Home Business Bitcoin jumps to $49,206 as crypto market remains bullish

Bitcoin jumps to $49,206 as crypto market remains bullish

by News desk
August 22, 2021
in Business

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Islamabad

The cryptocurrency market remained bullish for the second straight day on Saturday, with the market capitalisation increasing by 3.3 percent to $2.18 trillion as of 1250 hours GMT.

The price of Bitcoin (BTC), the largest cryptocurrency, reached $49,206 after gaining 3.33 percent. With this increase in price, the market capitalisation of the BTC has reached $924.5 billion. Likewise, ethereum (ETH) price went up by 0.94 percent to reach $3,285. With this increase in price, the market capitalisation of ETH has reached $384.6 billion.

However, XRP shed 1.60 percent to reach $1.25. The market capitalisation of XRP stands at $124.6 billion after this decrease. Similarly, the price of Cardano (ADA) reached $2.46 with a 4.24 percent decrease in its price. —TLTP