Crypto : Bitcoin gains by 1.37% to close at $33,125

0
13

Popular and world’s biggest cryptocurrency, Bitcoin, was up by 1.37% on Tuesday evening to close at $34,260.60.

This according to trend is a recovery from a bearish trend after reaching a low of $33,125 before bouncing.

The total cryptocurrency market capitalization gained 2.5% on Tuesday to $1.52 trillion.

The market capitalization has been gradually growing since hitting a bottom of $1.32 trillion on June 23. The range high of $1.83 trillion was reached on Saturday.

Majority of cryptocurrencies in the top-100 have grown over the past 24 hours, many even gaining double-digit percentages.

Bitcoin had fluctuated on Tuesday after China’s Central Bank and a regulator in the capital city took action against a company that was allegedly providing cryptocurrency-related services.

Meanwhile, International Blockchain Consulting (IBC) Group has responded to the Chinese government’s clampdown on cryptocurrency by closing down all of its Bitcoin and Ethereum mining facilities across China.
Ethereum, the second-largest cryptocurrency by capitalization, rose by 2.86% to close at $2,311.80.

LEAVE A REPLY

Please enter your comment!
Please enter your name here