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Wednesday, November 27, 2024

Home Business Bitcoin slips to $38,309 as cryptos’ lose for fifth day

Bitcoin slips to $38,309 as cryptos’ lose for fifth day

by News desk
March 8, 2022
in Business

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The cryptocurrency market maintained its losing streak for the fifth straight day on Monday, with market capitalisation shedding one percent to reach $1.79 trillion.

As of 1155 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price fell by 0.14 percent to reach $38,309. With this decrease in price, the market capitalisation of the biggest crypto has reached $725 billion. Bitcoin has gained 1.4 percent during the last seven days. Ether, the world’s second-largest cryptocurrency by market capitalisation, went down by 2.65 percent to reach $2,538. With this decrease in price, the market capitalisation of ETH has reached $298 billion.—TLTP