Bitcoin jumps to $31,794 as cryptos extend gains


The cryptocurrency market continued its journey towards north for the second day in a row on Tuesday, with market capitalisation rising 3.7 percent to reach $1.38 trillion.

As of 1200 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price reached $31,794, reflecting an increase of 3.6 percent. With this increase in price, the market capitalisation of the biggest crypto has reached $606 billion. Bitcoin has gained 9 percent of its value over the last seven days. Bitcoin’s price rose over the $30,000 mark after the world’s most popular cryptocurrency registered a record ninth-weekly loss. This was the first time that Bitcoin went through more than six weeks in a row without a positive