AGL39.58▼ -0.42 (-0.01%)AIRLINK131.22▲ 2.16 (0.02%)BOP6.81▲ 0.06 (0.01%)CNERGY4.71▲ 0.22 (0.05%)DCL8.44▼ -0.11 (-0.01%)DFML41.47▲ 0.65 (0.02%)DGKC82.09▲ 1.13 (0.01%)FCCL33.1▲ 0.33 (0.01%)FFBL72.87▼ -1.56 (-0.02%)FFL12.26▲ 0.52 (0.04%)HUBC110.74▲ 1.16 (0.01%)HUMNL14.51▲ 0.76 (0.06%)KEL5.19▼ -0.12 (-0.02%)KOSM7.61▼ -0.11 (-0.01%)MLCF38.9▲ 0.3 (0.01%)NBP64.01▲ 0.5 (0.01%)OGDC192.82▼ -1.87 (-0.01%)PAEL25.68▼ -0.03 (0.00%)PIBTL7.34▼ -0.05 (-0.01%)PPL154.07▼ -1.38 (-0.01%)PRL25.83▲ 0.04 (0.00%)PTC17.81▲ 0.31 (0.02%)SEARL82.3▲ 3.65 (0.05%)TELE7.76▼ -0.1 (-0.01%)TOMCL33.46▼ -0.27 (-0.01%)TPLP8.49▲ 0.09 (0.01%)TREET16.62▲ 0.35 (0.02%)TRG57.4▼ -0.82 (-0.01%)UNITY27.51▲ 0.02 (0.00%)WTL1.37▼ -0.02 (-0.01%)

Monday, November 25, 2024

Home Business Bitcoin jumps 16pc to $44,665 as cryptos recapture $2tn cap

Bitcoin jumps 16pc to $44,665 as cryptos recapture $2tn cap

by News desk
March 2, 2022
in Business

[tta_listen_btn]

The cryptocurrency market jumped on Tuesday as the Russian assault on Ukraine continues and the US ratchets up sanctions. As of 1300 hours GMT, the market capitalisation gained 12.3 percent to reach $2.03 trillion, taking a sharp rebound

The largest cryptocurrency Bitcoin’s (BTC) price took a giant leap of 16.33 percent to reach $44,665. With this increase in price, the market capitalisation of the biggest crypto has reached $846 billion. Bitcoin has gained 20.4 percent during the last seven days.

Ether, the world’s second-largest cryptocurrency by market capitalisation, surged 11.37 percent to reach $2,948. With this increase in price, the market capitalisation of ETH has reached $347 billion. —TLTP