Bitcoin Bounces Back With an Almost $2,000 Rise

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

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