The cryptocurrency market turned bullish on Saturday, witnessing an exponential growth with the market cap increasing 6.7 percent to $1.85 trillion as of 1415 hours GMT. The price of Bitcoin (BTC), the largest cryptocurrency, increased to $44,351 by gaining 8.64 percent.
With this increase in price, the market capitalisation of the BTC has reached $832.8 billion. Likewise, ethereum (ETH) price turned towards north and gained 13.05 percent to reach $3,130. With this increase in price, the market capitalisation of ETH has reached $366.2 billion.
On the other hand, XRP gained 9.09 percent to reach $0.796. The market capitalisation of XRP stands at $79.6 billion after this increase.
Similarly, Cardano (ADA) price reached $1.48 with a 13.84 percent increase in its price. Its market capitalisation has reached $47.7 billion after this increase.
Likewise, Dogecoin (Doge) price appreciated by 13.84 percent to reach $0.228. With this increase in price, the market capitalisation of Doge reached $29.8 billion. According to experts, Bitcoin price witnessed an exponential growth after weeks of downtrend or consolidation.—TLTP