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Bitcoin falls to $60,636 as cryptos extend bearish mood

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Islamabad

The cryptocurrency market remained bearish for the third straight day on Saturday, with the market capitalisation shedding 2.8 percent to reach $2.8 trillion as of 1440 hours GMT.

Bitcoin, the largest cryptocurrency, went down by 1.45 percent to reach $60,636. With this decrease in price, the market capitalisation of the biggest cryptocurrency has reached 1.142 trillion. Bitcoin hit one-week highs of $63,400 on Tuesday last.

Similarly, ether (ETH) price, which set up a new high at $4,680 on Wednesday, dipped by 2.46 percent to reach $4,396. With this decrease in price, the market capitalisation of ETH has reached $515.9 billion.

Likewise, XRP price decreased by 1.68 percent to reach $1.13. The market capitalisation of XRP stands at $113.5 billion after this decrease.

On the other hand, cardano (ADA) price slipped by 0.89 percent to reach $1.97. Its market capitalisation has reached $63.7 billion with this decrease.

Following the market mood, dogecoin (DOGE) edged down by 1.68 percent to reach $0.257. With this decrease in price, the market capitalisation of doge has reached $33.8 billion.

According to experts, dogecoin price has been consolidating for nearly six months without a palpable upswing.TLTP

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