Bitcoin Bounces Back With an Almost $2,000 Rise

By Olga
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    After experiencing its worst fall, Bitcoin and other major cryptocurrencies like Ethereum, Ripple and Bitcoin Cash see the green light.

    Bitcoin Bounces Back With an Almost $2,000 Rise

    Just yesterday, Bitcoin hit a low of $5,947 (Rs 3.8 lakhs) and was later seen traded at $7,930 (Rs 5.09 lakhs) today afternoon.

    Bitcoin is yet to make a significant recovery to regain its all-time high of more than $19,000 (Rs 12.1 lakhs).

    As per coinmarketcap.com the prices of the top five cryptocurrencies in terms of market capitalisation stand at (03:35pm IST):
    Bitcoin: $7,930.57 (Rs 5.09 lakhs) (22.83%)*
    Ethereum: $805.16 (Rs 51, 695) (29.63%)*
    Ripple: $0.76 (Rs 48.8) (20.86%)*
    Bitcoin Cash: $970.77 (Rs 62328.29) (18.29%)*
    Cardano: $0.37 (Rs 23.76) (27.64%)*

    * percentage increase in the last 24 hours

    Story first published: Wednesday, February 7, 2018, 15:46 [IST]
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