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Monday, November 25, 2024

Home Business Bitcoin jumps to $49,322 as crypto market cap surges 6.1pc

Bitcoin jumps to $49,322 as crypto market cap surges 6.1pc

by News desk
December 22, 2021
in Business

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The cryptocurrencies bounced back on Tuesday, with market capitalisation gaining 6.1 percent to reach $2.4 trillion.

As of 1250 hours GMT, the largest cryptocurrency Bitcoin price jumped by 7.60 percent to $49,322. With this increase in price, the market capitalisation of the biggest crypto has reached $932 billion.

Ether, the world’s second-largest cryptocurrency by market capitalisation, gained 7.13 percent to reach $4,057. With this increase in price, the market capitalisation of ETH has reached $477 billion.

Similarly, XRP price gained 7.95 percent to reach $0.903. The market capitalisation of XRP stands at $90.2 billion after this increase.—TLTP