Bitcoin falls to $39,831 as bears embrace cryptos

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The cryptocurrency market remained bearish for the third day in a row, with market capitalisation inching 0.9 percent down to $1.95 trillion.

As of 1220 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price dipped by 1.23 percent to $39,831. With this decrease in price, the market capitalisation of the biggest crypto has reached $754.2 billion.

Bitcoin has shed 12.6 percent of its value during the last seven days. Ether (ETH), the world’s second-largest cryptocurrency by market capitalisation, edged down by 0.53 percent to $3,022. With this decrease in price, the market capitalisation of ETH has reached $355.6 billion.—TLTP

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