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Home Business Bitcoin hits $45,701 as crypto market cap nears $2tn

Bitcoin hits $45,701 as crypto market cap nears $2tn

by News desk
August 10, 2021
in Business

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Islamabad

The cryptocurrency market remained on the upward slide on Monday, with the market cap increasing 1.6 percent to $1.91 trillion as of 1255 hours GMT.

The price of Bitcoin (BTC), the largest cryptocur-rency, jumped to $45,701 by gaining 1.44 percent. With this increase in price, the market capitalisation of the BTC has reached $858.2 billion.

However, ethereum (ETH) price turned south and shed 0.54 percent to reach $3,124. With this de-crease in price, the market capitalisation of ETH has reached $365.6 billion.

On the other hand, XRP gained 0.54 percent to reach $0.816. The market capitalisation of XRP stands at $81.5 billion after this increase. —TLTP