The cryptocurrency market turned bearish on Friday, with market capitalisation shedding 1.4 percent to drop below the $2 trillion mark to $1.97 trillion.
As of 1230 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price slipped by 1.72 percent to $40,196. With this decrease in price, the market capitalisation of the biggest crypto has reached $761 billion.
Bitcoin has shed 7.5 percent of its value during the last seven days. Ether (ETH), the world’s second-largest cryptocurrency by market capitalisation, edged lower by 1.47 percent to $3,025. With this decrease in price, the market capitalisation of ETH has reached $356 billion.—TLTP
