Bitcoin reaches $56,809 as cryptos edge up

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Islamabad

The prices of major cryptocurrencies went up on Wednesday amid increasing global acceptance.

As of 1355 hours GMT, bitcoin, the world’s biggest cryptocurrency, gained 2.20 percent to reach $56,809. With this increase in price, the market capitalisation of the BTC has reached $1.06 trillion.

Likewise, ethereum (ETH) gained 8.70 percent to reach $4,297. With this increase in price, the market capitalisation of ETH reached $498 billion.

The world’s second-biggest digital asset, ethereum, reached a new all-time high after crossing a psychologically significant threshold of $4,000 per coin for the first time ever on Monday last.

On the other hand, Binance Coin (BNB) gained 0.82 percent to reach$665. The market capitalisation of BNB stands at $102 billion after this increase.

Likewise, dogecoin (Doge) gained 0.02 percent to reach $0.4929. With this increase in price, the market capitalisation of Doge reached $63.9b.–TLTP

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