The cryptocurrency market recorded its second day of growth on Wednesday, with market capitalisation gaining 3.2 percent to reach $1.8 trillion.
As of 1325 hours GMT, the largest cryptocurrency Bitcoin’s price gained 3.47 percent to reach $37,743. With this increase in price, the market capitalisation of the biggest crypto has reached $714.7 billion.
Bitcoin briefly plunged below $33,000 on Monday to its lowest level since July. It has since recovered back , but is still down almost 50% from a record high of nearly $69,000 in November.—TLTP