cryptocurrency market
ISLAMABAD
The cryptocurrency market extended correction on Friday, with the market capitalisation shedding 2.3 percent to reach $2.72 trillion as of 1210 hours GMT.
Bitcoin, the largest cryptocurrency that hit $66,976 earlier – the highest ever level – faced further correction. Bitcoin shed 2.04 percent to reach $63,304. With this decrease in price, the market capitalisation of the biggest cryptocurrency has reached 1.19 trillion.
Similarly, ether (ETH) price, which hit a record price of $4,380 before seeing a harsh rejection, shed 1.89 percent to reach $4,115. With this decrease in price, the market capitalisation of ETH has reached $483 billion.
Following suit, XRP price shed 2.13 percent to reach $1.10. The market capitalisation of XRP stands at $110.1 billion after this decrease.
Likewise, cardano (ADA) price shed 1.59 percent to reach $2.19. Its market capitalisation has fallen to $70.8 billion with this decrease.
On the other hand, dogecoin (Doge) price went down by 1.47 percent to reach $0.246. With this decrease in price, the market capitalisation of doge has reached $32.3 billion.
Meanwhile, US retail giant Walmart, the world’s largest company by revenue, has launched a programme to allow customers to buy bitcoin at 200 of its stores via Coinstar ATMs.
“Coinstar, in partnership with Coinme, has launched a pilot that allows its customers to use cash to purchase bitcoin. There are 200 Coinstar kiosks located inside Walmart stores across the United States that are part of this pilot,” Walmart communications director Molly Blakeman told media on Friday.
