Bitcoin gains 11.21pc to $39,343 as cryptos bounce back

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The cryptocurrency market bounced back on Friday, with market capitalisation gaining 11.3 percent to reach $1.84 trillion.

As of 1330 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price gained 11.21 percent to reach $39,343. With this massive increase in price, the market capitalisation of the biggest crypto has reached $745 billion. Bitcoin shed 2.7 percent during the last seven days.

Ether, the world’s second-largest cryptocurrency by market capitalisation, gained 14.08 percent to reach $2,712. With this increase in price, the market capitalisation of ETH has reached $319 billion. Ether has shed 5.5 percent of its value over the last seven days.—TLTP

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