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Monday, November 18, 2024

Home Business Bitcoin falls to $61,489 as cryptos remain bearish

Bitcoin falls to $61,489 as cryptos remain bearish

by News desk
November 6, 2021
in Business

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The cryptocurrency market edged lower for the second straight day on Friday, with the market capitalisation shedding 0.2 percent to reach $2.84 trillion as of 1250 hours GMT.

Bitcoin, the largest cryptocurrency, went slightly down by 0.38 percent to reach $61,489. With this decrease in price, the market capitalisation of the biggest cryptocurrency has reached 1.158 trillion. Bitcoin hit one-week highs of $63,400 on Tuesday last.

Similarly, ether (ETH) price, which set up a new high at $4,680 on Wednesday, inched down by 0.81 percent to reach $4,493. With this decrease in price, the market capitalisation of ETH has reached $527.3 billion. —TLTP