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Bitcoin crosses $46,000 as crypto market cap hits $2.21tn

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Islamabad

The cryptocurrency market snapped the two-day losing streak on Sunday, with the market capitalisation gaining 2.1 percent to reach $2.21 trillion as of 1235 hours GMT.

The price of bitcoin (BTC), the largest cryptocurrency, gained0.88 percent to reach $46,053. With this increase in price, the market capitalisation of the biggest cryptocurrency reached $866.4 billion.

Likewise, ether (ETH) price jumped by 3.55 percent to reach $3,442. With this increase in price, the market capitalisation of ETH has reached $403.4 billion.

However, XRP inched down by losing 0.02 percent to reach $1.11. The market capitalisation of XRP stands at $110.6 billion after this decrease.

Following suit, cardano (ADA) shed 3 percent to reach $2.68. Its market capitalisation has reached $86.6 billion after this decrease. — TLTP

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