AGL37.82▼ -0.05 (0.00%)AIRLINK133.23▲ 9.22 (0.07%)BOP5.64▼ -0.05 (-0.01%)CNERGY3.77▲ 0.01 (0.00%)DCL8.86▲ 0.33 (0.04%)DFML40.94▲ 0.47 (0.01%)DGKC89.69▲ 2.69 (0.03%)FCCL35.06▲ 1.15 (0.03%)FFBL66.54▲ 0.28 (0.00%)FFL10.13▼ -0.06 (-0.01%)HUBC106.56▲ 2.71 (0.03%)HUMNL13.33▼ -0.17 (-0.01%)KEL4.85▲ 0.18 (0.04%)KOSM6.8▼ -0.05 (-0.01%)MLCF41.53▲ 2.75 (0.07%)NBP58.65▼ -2.05 (-0.03%)OGDC180.64▲ 1.15 (0.01%)PAEL25.62▲ 0.64 (0.03%)PIBTL5.8▲ 0.1 (0.02%)PPL147.77▼ -4.13 (-0.03%)PRL23.16▲ 0.42 (0.02%)PTC15.2▲ 0.22 (0.01%)SEARL68.69▲ 2.02 (0.03%)TELE7.23▲ 0.19 (0.03%)TOMCL35.94▲ 0.4 (0.01%)TPLP7.36▲ 0.04 (0.01%)TREET14.15▲ 0.13 (0.01%)TRG50.75▼ -0.15 (0.00%)UNITY26.45▲ 0.06 (0.00%)WTL1.21▼ -0.01 (-0.01%)

Bitcoin slips to $37,837 as cryptos turn bearish

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

The cryptocurrency market turned bearish on Sunday, with market capitalisation shedding 0.5 percent to reach $1.81 trillion.

As of 1420 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price shed 0.75 percent to reach $37,837.

With this decrease in price, the market capitalisation of the biggest crypto has reached $716.5 billion. Bitcoin price increased by 7.7 percent during the week and briefly plunged below $33,000 on Monday last to its lowest level since July.

It is still down almost 50 percent from a record high of nearly $69,000 in November. Bitcoin fell as much as 25% in the past month, while the crypto market has lost upward of $1 trillion in market capitalisation in the same period.

Ether, the world’s second-largest cryptocurrency by market capitalisation, slipped by 0.17 percent to reach $2,597.—TLTP

Related Posts