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Home Business Bitcoin crosses $48,000 mark as cryptos consolidate gains

Bitcoin crosses $48,000 mark as cryptos consolidate gains

by News desk
October 3, 2021
in Business

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The bullish trend in the cryptocurrency market con-tinued for the third day in a row on Saturday, with the market capitalisation gaining 3.4 percent to reach $2.2 trillion as of 1400 hours GMT.

The price of bitcoin (BTC), the largest cryptocur-rency, gained 1.54 percent to reach $48,033. With this increase in price, the market capitalisation of the biggest cryptocurrency has reached $904.5 bil-lion.

Likewise, ether (ETH) price went up by 3.39 per-cent to reach $3,332. With this increase in price, the market capitalisation of ETH has reached $391 bil-lion.

Similarly, XRP price gained 0.97 percent to reach $1.04. The market capitalisation of XRP stands at $103.7 billion after this increase. —TLTP