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Monday, December 23, 2024

Home Business Bitcoin surges to $40,911 as Afghans, Russians turn to cryptos

Bitcoin surges to $40,911 as Afghans, Russians turn to cryptos

by News desk
March 18, 2022
in Business

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The cryptocurrency market extended gains on Thursday for the second straight day, with market capitalisation surging 2.5 percent to $1.91 trillion.

As of 1355 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price increased by 0.97 percent to reach $40,911. With this increase in price, the market capitalisation of the biggest crypto has reached $774.7 billion. Bitcoin has shed 2.4 percent during the last seven days.

Ether, the world’s second-largest cryptocurrency by market capitalisation, surged by 4.75 percent to reach $2,813. With this increase in price, the market capitalisation of ETH has reached $331 billion.—TLTP