ISLAMABAD: The cryptocurrency market remained bearish on Wednesday following Binance agreed to pay more than $4 billion in settlements with several US law enforcement agencies, with the market capitalization losing 1.5 percent to reach $1.45 trillion. As of 1115 hours GMT, the price of Bitcoin, the world’s oldest and most valued cryptocurrency, dipped 1.9 percent in the last 24 hours to reach $36,668. The market capitalization of the biggest crypto has reached $716.8 billion with this decrease. Bitcoin has been 2.3 percent down in the past seven days. However, Ether (ETH), the world’s second-largest cryptocurrency by market capitalization, gained 0.5 percent to reach $2,025. With this increase in price, the market capitalization of ETH has reached $243.5 billion. ETH has gained 1.8 percent of its value during the last seven days. TLTP
