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Monday, November 25, 2024

Home Business Bitcoin jumps to $47,521 as crypto market turns bullish

Bitcoin jumps to $47,521 as crypto market turns bullish

by News desk
August 17, 2021
in Business

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Islamabad

The cryptocurrency market remained bullish on Monday, with the market capitalisation increasing by 4.8 percent to $2.12 trillion as of 1145 hours GMT.

The price of Bitcoin (BTC), the largest cryptocur-rency, reached $47,521 after gaining 3.07 percent. With this increase in price, the market capitalisation of the BTC has reached $892.8 billion.

Likewise, ethereum (ETH) price gained 4.04 per-cent to reach $3,293. With this increase in price, the market capitalisation of ETH has reached $385.5 billion.

Similarly, the price of Cardano (ADA) – now the third-ranked cryptocurrency after Bitcoin and Ether – reached $2.17 with 1.89 percent increase in its price. —TLTP