Bitcoin falls to $60,658 as cryptos trade mixed

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Islamabad

The cryptocurrency market traded mixed on Sunday, with the market capitalisation shedding another 1.2 percent, fourth in a row, to reach $2.64 trillion as of 1330 hours GMT.

Bitcoin, the largest cryptocurrency that hit $66,976 on Wednesday last – the highest ever level – faced further correction. Bitcoin shed 1.32 percent to reach $60,658.

With this decrease in price, the market capitalisation of the biggest cryptocurrency has reached 1.142 trillion. However, ether (ETH) price, which hit a record price of $4,380 before seeing a harsh rejection, gained 0.78 percent to reach $4,061. With this increase in price, the market capitalisation of ETH has reached $476.6 billion.—TLTP

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