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Home Business Bitcoin falls to $46,082 as cryptos take hit in downward spiral

Bitcoin falls to $46,082 as cryptos take hit in downward spiral

by News desk
December 21, 2021
in Business

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The cryptocurrencies dipped on Monday after rallying a day earlier, with market capitalisation falling to $2.26 trillion, down 2.7 percent.

As of 1150 hours GMT, the largest cryptocurrency Bitcoin price went down by 2.32 percent to $46,082. With this decrease in price, the market capitalisation of the biggest crypto has reached $871 billion.

Ether, the world’s second-largest cryptocurrency by market capitalisation, shed 3.16 percent to reach $3,807. With this decrease in price, the market capitalisation of ETH has reached $447 billion. However, XRP price gained 3.20 percent to reach $0.854. The market capitalisation of XRP stands at $85.4 billion after this increase.—TLTP