{"id":248103,"date":"2022-03-07T09:04:12","date_gmt":"2022-03-07T04:04:12","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=248103"},"modified":"2022-03-07T09:04:12","modified_gmt":"2022-03-07T04:04:12","slug":"bitcoin-falls-to-38733-as-cryptos-losing-streak-continues","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/bitcoin-falls-to-38733-as-cryptos-losing-streak-continues\/","title":{"rendered":"Bitcoin falls to $38,733 as cryptos\u2019 losing streak continues"},"content":{"rendered":"<p>ISLAMABAD: The cryptocurrency market continued its losing streak on Sunday, with market capitalisation shedding 0.5 percent to reach $1.83 trillion. As of 1425 hours GMT, the largest cryptocurrency Bitcoin\u2019s (BTC) price fell by 0.93 percent to reach $38,733. With this decrease in price, the market capitalisation of the biggest crypto has reached $733 billion. Bitcoin has shed 0.6 percent during the last seven days. Ether, the world\u2019s second-largest cryptocurrency by market capitalisation, went down by 0.86 percent to reach $2,626. With this decrease in price, the market capitalisation of ETH has reached $308 billion. Ether has shed 5.4 percent of its value over the last seven days. TLTP<br \/>\nSimilar was the case with XRP whose price dipped 3.24 percent to $0.736. The market capitalisation of XRP stands at $73.5 billion with this decrease. XRP has shed 1.8 percent during the last seven days.<br \/>\nOn the other hand, Cardano (ADA) price slipped 2.58 percent to reach $0.839. Its market capitalisation has reached $27.7 billion with this decrease. ADA shed 5 percent in the past seven days.<br \/>\nDogecoin (DOGE) price shed 0.73 percent to reach $0.123. With this decrease in price, the market capitalisation of DOGE has reached $16.3 billion. DOGE has lost 3.2 percent during the last seven days.<br \/>\nThe growing tension in Eastern Europe has plagued the market and investors lapped up digital tokens at decent prices. However, the ongoing saga may sadden the global economy by fuelling inflation to rise further as the commodities are commanding unprecedented premiums. It may impact the emerging markets and cryptos are no exception.<br \/>\nMeanwhile, the United States and European Union are trying to make sure that Russia cannot use cryptocurrency to avoid sanctions. US Senator Elizabeth Warren and three other Democratic lawmakers on Wednesday urged the Treasury Department to ensure the cryptocurrency industry is complying with sanctions imposed on Russia.<br \/>\nThe 27-nation bloc imposed sanctions on Moscow over its aggression on Ukraine, including freezing Russian central bank assets and disconnecting seven Russian banks from the SWIFT financial-messaging system.<br \/>\nCryptocurrency exchange Binance on Thursday said cardholders of sanctioned Russian banks would not be able to use them on their platform and confirmed that sanctioned individuals have had their access restricted. Some of the world\u2019s biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision that experts say weakens Western attempts to isolate Moscow following the invasion of Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The cryptocurrency market continued its losing streak on Sunday, with market capitalisation shedding 0.5 percent to reach $1.83 trillion. As of 1425 hours GMT, the largest cryptocurrency Bitcoin\u2019s (BTC) price fell by 0.93 percent to reach $38,733. With this decrease in price, the market capitalisation of the biggest crypto has reached $733 billion. Bitcoin [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-248103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin falls to $38,733 as cryptos\u2019 losing streak continues<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-falls-to-38733-as-cryptos-losing-streak-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin falls to $38,733 as cryptos\u2019 losing streak continues\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: The cryptocurrency market continued its losing streak on Sunday, with market capitalisation shedding 0.5 percent to reach $1.83 trillion. As of 1425 hours GMT, the largest cryptocurrency Bitcoin\u2019s (BTC) price fell by 0.93 percent to reach $38,733. With this decrease in price, the market capitalisation of the biggest crypto has reached $733 billion. Bitcoin [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/bitcoin-falls-to-38733-as-cryptos-losing-streak-continues\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-07T04:04:12+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" 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As of 1425 hours GMT, the largest cryptocurrency Bitcoin\u2019s (BTC) price fell by 0.93 percent to reach $38,733. With this decrease in price, the market capitalisation of the biggest crypto has reached $733 billion. 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