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Home Business Bitcoin rises to $42,577 as cryptos stabilise after pullback

Bitcoin rises to $42,577 as cryptos stabilise after pullback

by News desk
September 26, 2021
in Business

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Islamabad

The cryptocurrency market turned around on Satur-day, a day after China’s central bank’s crackdown on illegal financial activities from overseas crypto-currency exchanges, with market cap gains 3.3 per-cent to reach $1.99 trillion as of 1345 hours GMT.

The price of bitcoin (BTC), the largest crypto-currency, gained 1.75 percent to reach $42,577. With this increase in price, the market capitalisation of the biggest cryptocurrency has reached $801.7 billion.

Likewise, ether (ETH) price went up by 1.91 percent to reach $2,911. With this increase in price, the market capitalisation of ETH has reached $341.5 billion.—TLTP