BTC, ETH inch up; ADA’s losing streak continues

Author: Monitoring Desk

The cryptocurrency market remained mixed on Sunday, with the market cap shedding 0.2 percent to reach $2.37 trillion as of 1100 hours GMT. The price of bitcoin (BTC), the largest cryptocurrency, gained 0.29 percent to reach $50,038. With this increase in price, the market capitalisation of the biggest cryptocurrency reached $941 billion. Likewise, ethereum (ETH) price inched up by 0.42 percent to reach $3,924. With this increase in price, the market capitalisation of ETH has reached $460 billion. On the other hand, XRP remained under pressure for the second day and shed 0.62 percent to reach $1.26. The market capitalisation of XRP stands at $126 billion after this decrease. Following the suit, cardano (ADA) continued going down amid profit booking, which has been underway since its price broke $3 mark and shed 2.06 percent to reach $2.86. Its market capitalisation has reached $92.5 billion after this decrease. However, dogecoin (Doge) price snapped its losing streak and gained 1.47 percent to reach $0.300. With this increase in price, the market capitalisation of doge has reached $39.2 billion. According to experts, dogecoin price dropped roughly 15 percent after the August 16 swing high at $0.352.

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