The cryptocurrency market witnessed a bloodbath on Wednesday, with market capitalisation shedding 5 percent to reach $2.33 trillion.
As of 1310 hours GMT, the largest cryptocurrency Bitcoin’s price went down by 4.31 percent to $46,949. With this decrease in price, the market capitalisation of the biggest crypto has reached $887 billion.
Ether, the world’s second-largest cryptocurrency by market capitalisation, dipped by 4.28 percent to reach $3,739. With this decrease in price, the market capitalisation of ETH has reached $439 billion. Similarly, XRP price shed 6.39 percent to reach $0.832. The market capitalisation of XRP stands at $83.2 billion after this decrease.—TLTP
