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Saturday, March 18, 2017

Crypto Market Is On Fire Right Now - Market Cap Nears $25 Bln

Crypto Market Is On Fire Right Now - Market Cap Nears $25 Bln

While people have been observing coins like Ethereum and Dash reach all-time highs, the crypto ecosystem as a whole seems to be taking off. The market capitalization of all cryptocurrencies in circulation has neared $25 bln.

Bitcoin – the dominant onez

Bitcoin is, of course, the dominant cryptocurrency. It currently accounts for approximately 80 percent of the total market capitalization of all cryptocurrencies in circulation. In the run-up to the decision on the Winklevoss’ Exchange Traded Fund (ETF), Bitcoin dominance was as high as 88 percent.

Post rejection of the ETF, Bitcoin price has stabilized, and it has been in a consolidation mode.

Full story at http://bit.ly/2nBPika

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