ISLAMABAD: The cryptocurrency market finally turned green on Wednesday, with the market capitalization gaining 3.8 percent to reach $1.68 trillion. As of 1235 hours GMT, the price of Bitcoin, the world’s oldest and most valued cryptocurrency, jumped to $40,191 with an increase of 3.5 percent in the last 24 hours. The market capitalization of the biggest crypto has reached $788 billion with this increase. Bitcoin has been 5.7 percent down in the past seven days. Bitcoin (BTC) slipped below the $39,000 mark on Tuesday, going as low as $38,900 before recovering. It is largely expected that the upcoming policy meeting of the US central bank may provide some insights into the future behaviour of the coin. TLTP
