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Home Business Cryptos dip further with bitcoin slips to $38,675

Cryptos dip further with bitcoin slips to $38,675

by News desk
May 23, 2021
in Business

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Islamabad

Prices of major cryptocurrencies continued going downward on Saturday amid regulatory concerns.

As of 1245 hours GMT, bitcoin, the world’s biggest cryptocurrency, shed 5.89 percent to reach $38,675. With this decrease in price, the market capitalisation of the BTC has reached $723 billion.

Likewise, ethereum (ETH) shed 9.76 percent to reach $2,436. With this decrease in price, the market capitalisation of ETH has reached $282 billion.

Similarly, XRP shed 16.52 percent to reach $0.946. The market capitalisation of BNB stands at $94.5 billion after this decrease.

Furthermore, Cardano (ADA) price dipped to $1.55 with 8.99 percent decrease in its price. Its market capitalisation has reached $49.6 billion with this increase.

Likewise, dogecoin (Doge) shed 9.84 percent to reach $0.353. —APP