Bitcoin nears $48,000 level as cryptos make gains


The cryptocurrency market turned bullish on Tues-day, with the market capitalisation gaining 2.2 per-cent to reach $2.2 trillion as of 1220 hours GMT.

The price of bitcoin (BTC) gained 0.65 percent to reach $47,982. With this increase in price, the mar-ket capitalisation of the biggest cryptocurrency reached $902.1 billion.

Likewise, ethereum (ETH) price jumped 8.33 per-cent to reach $3,426. With this increase in price, the market capitalisation of ETH has reached $401.5 billion.

Similarly, XRP gained 2.21 percent to reach $1.15. The market capitalisation of XRP stands at $114.5 billion after this increase.—TLTP

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