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World’s largest cryptocurrency bitcoin rose nearly 4% today. On Coinmarketcap, the price of bitcoin gained 3.84% to $51,960. Market cap of the cryptocurrency reached $972.146 billion.<\/p>\n
Currently, the global crypto market cap stands at $2.34 trillion, 3.17% higher over the last day.<\/p>\n
Other cryptocurrencies were also trading in green today.<\/p>\n
Ethereum rose 1.16% to $3,917 and Dogecoin gained 4% to $0.3107. Digital token Stellar climbed 5.47% to $0.3909 and XRP was up 5.89% to $1.32.<\/p>\n
Litecoin climbed 5.25% to $225.75 and Uniswap rose 4.16% to $29.74.<\/p>\n
Of late, crypto prices have risen on the back of comments from billionaire Elon Musk and Ark Investment Management LLC’s Cathie Wood.<\/p>\n
In late July, Elon Musk said Tesla was “most likely” to start accepting bitcoin as payment again. The comment helped the cryptocurrency race past the $30,000 level. The electric carmaker said in May that it would no longer accept the cryptocurrency for purchases.<\/p>\n<\/div>\n