Cryptocurrency

Cryptocurrency Price Update: Bitcoin and Ethereum Rise

Cryptocurrency Price Update: Bitcoin and Ethereum Rise

Cryptocurrency Price Update: Bitcoin and Ethereum Rise

  • The cryptocurrency market is on the rise today after the global market cap increased by 2% in the last 24 hours to $1.42 trillion
  • Flagship cryptocurrency Bitcoin is currently trading at $35,500, an increase of 2.3% in the last 24 hours
  • Ether the cryptocurrency of the Ethereum network also experienced an increase of 4.5% to $2,300

The crypto market is on the rise after major coins experienced gains on Sunday morning.

Ethereum gained the most by moving from $2,190 to $2,347, an increase of 4.5% in the last 24 hours.

Bitcoin

Flagship cryptocurrency Bitcoin was also green for the day after rising to $35,500, an increase of 2.45%.

The rise of cryptocurrencies has been aided by news that Coinbase is set to expand its team in India.

The CEO of the crypto exchange, Brian Armstrong tweeted that a new office is being set up in the Asian country and the exchange will also hire staff in the country.

Read also: 77-Year-Old Woman Loses N6 Million In Bitcoin Scam

Follow the recent rise, the global market cap of cryptocurrency has increased by over 2% to $1.42 trillion.

Bitcoin remains the most dominant cryptocurrency after its dominance rose to 45.8% on Sunday.

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