Cryptos recover losses with bitcoin nears $36,000 mark

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Islamabad

Weekends in recent months have been rocky for cryptocurrencies; however, this weekend remained mixed for the crypto market that bounced back on Sunday.

The combined market capitalisation of all cryptocurrencies gained 0.4 percent to reach $1.696 trillion as of 1235 GMT on Sunday.

Bitcoin, the largest cryptocurrency, gained 0.48 percent to reach$35,979. With this increase in price, the market capitalisation of the BTC has reached $673 billion.

Likewise, ethereum (ETH) gained 2.84 percent to reach $2,703. With this increase in price, the market capitalisation of ETH has reached $314 billion. Similarly, XRP gained 0.28 percent to reach $0.934. The market capitalisation of XRP stands at $93.4 billion after this increase. On the other hand, Cardano (ADA) price reached $1.68 with a 0.01 percent gain in its price. Its market capitalisation has reached $54 billion with this increase.—TLTP