The world’s most popular cryptocurrency, Bitcoin, recorded a 3.15% gain on Sunday 30th May 2021 to close at $35,727.42. This represents a $1,095.34 gain.
Ethereum also traded bullish on Sunday as it gained 5.69% as of 11:59 pm on Sunday night to close at $2,409.19.
Also, the total market capitalisation of the listed cryptocurrencies gained 4.22% on Sunday to close at $1.524 trillion.
However, the government of Dubai has issued a warning that it is not officially linked to the DubaiCoin, which gained about 1,000% in 24 hours, and explained that the coin may well be an elaborate scam.
Bitcoin, which enjoyed a bullish first quarter of the year leading to an all-time peak of $63,000 per unit in the middle of April, has since lost more than 40% of its value, now trading around $35,000.
Meanwhile a British bank, Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise lately. The bank also provided several tips for its customers who are thinking of investing in bitcoin or other crypto assets.Follow us on social media