Bitcoin inches up to $29,547 amid mixed trade


The cryptocurrency market remained mixed on Wednesday, with market capitalisation inching up 0.1 percent to reach $1.32 trillion.

As of 1305 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price reached $29,547, reflecting a gain of 0.1 percent.

With this increase in price, the market capitalisation of the biggest crypto has reached $563 billion. Bitcoin has shed 3.1 percent of its value over the last seven days.

Ether (ETH), the world’s second-largest cryptocurrency by market capitalisation, dropped by 0.7 percent to $1,953.

With this decrease in price, the market capitalisation of ETH has reached $236 billion. —TLTP


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