Bitcoin Close To $50,000; Ether, Dogecoin Rise 10%

The crypto market is broadly trading in the green Thursday morning with Bitcoin breaking above $48,000. It has risen over 5 percent in the past 24 hours to trade at $49,711. Ether, however, surged over 10 percent during this time to trade at $3,755 and analysts say it is poised to touch $4,000. Meanwhile, altcoins like Dogecoin and Cardano are also up nearly 10 percent. Here are the prices of the ten largest cryptocurrencies, data sourced from CoinMarketCap (as of 8:30 am IST):

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