Bitcoin price rose slightly on Wednesday. The world’s largest cryptocurrency by market capitalisation, increased 3.21 per cent in the last 24 hours to $37,723.86 at 0845 hours, according to CoinMarketCap. As the tension between Ukraine and Russia rise, analysts predict that the cryptocurrency may slide towards the key $30,000-mark. It must be noted that Bitcoin lost nearly 15 per cent in the last seven days.
Ether, the second most popular cryptocurrency jumped 3.39 per cent in a day to hit $2,614.60, according to CoinMarketCap. On a weekly basis, Ether dropped over 17 per cent.
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