Bitcoin falls to $36,371 as cryptos dip for second day

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ISLAMABAD: The cryptocurrency market remained bearish for the second straight day, with market capitalisation shedding 0.5 percent to reach $1.73 trillion. As of 1150 hours GMT, Friday, the largest cryptocurrency Bitcoin’s (BTC) price shed 0.79 percent to reach $36,371. With this decrease in price, the market capitalisation of the biggest crypto has reached $688.7 billion. During the intra-day trading, BTC price declined below the support of $36,000, though buyers were able to restore the price to the level of $38,950 a day earlier. Bitcoin price decreased by 8.13 percent during the week and briefly plunged below $33,000 on Monday to its lowest level since July. It is still down almost 50 percent from a record high of nearly $69,000 in November. TLTP