AGL38.1▲ 0.3 (0.01%)AIRLINK209.55▼ -1.42 (-0.01%)BOP10.46▼ -0.21 (-0.02%)CNERGY7.35▼ -0.06 (-0.01%)DCL8.9▲ 0.01 (0.00%)DFML40.83▼ -1.14 (-0.03%)DGKC99.77▲ 0.65 (0.01%)FCCL34.39▲ 0.82 (0.02%)FFL18.05▼ -0.36 (-0.02%)HUBC132.49▲ 1.1 (0.01%)HUMNL14.14▲ 0.04 (0.00%)KEL5.03▲ 0.05 (0.01%)KOSM7.07▼ -0.09 (-0.01%)MLCF45.2▲ 1.44 (0.03%)NBP62.17▼ -1.86 (-0.03%)OGDC218.38▲ 4.82 (0.02%)PAEL41.7▲ 0.17 (0.00%)PIBTL8.55▼ -0.05 (-0.01%)PPL189.03▼ -0.57 (0.00%)PRL42.33▼ -1.98 (-0.04%)PTC25.17▲ 0.2 (0.01%)SEARL103.96▲ 0.59 (0.01%)TELE9.24▼ -0.2 (-0.02%)TOMCL35.39▲ 0.06 (0.00%)TPLP13.1▼ -0.4 (-0.03%)TREET23.67▼ -1 (-0.04%)TRG69.18▲ 4.71 (0.07%)UNITY34.82▲ 0.35 (0.01%)WTL1.71▲ 0.06 (0.04%)

Tuesday, January 7, 2025

Home Business Bitcoin tops $50,000 for first time since mid-May

Bitcoin tops $50,000 for first time since mid-May

by News desk
August 24, 2021
in Business

[tta_listen_btn]

Islamabad

The cryptocurrency market turned bullish on Mon-day, with the market capitalisation increasing by 2.2 percent to $2.23 trillion and bitcoin topping the $50,000 mark for the first time in three months.

As of 1125 hours GMT, the price of bitcoin (BTC), the largest cryptocurrency, topped the closely watched $50,000 level for the first time in three months, gaining on positive news about crypto adoption.

The price of bitcoin reached $50,251 after gaining 2.11 percent. With this increase in price, the market capitalisation of the BTC has reached $944 billion.
Likewise, ethereum (ETH) price gained 2.38 per-cent to reach $3,336. —TLTP