Saturday, August 26, 2017

$150 Billion: Total Cryptocurrency Market Cap Hits New All-Time High

$150 Billion: Total Cryptocurrency Market Cap Hits New All-Time High


The combined value of all publicly traded cryptocurrencies has set a new record, surpassing $150 billion for the first time today.

At press time, the value of ether, bitcoin and more than 800 other blockchain-based assets had reached a high of around $154 billion, according to CoinMarketCap.

Overall, the figure indicates that the cryptocurrency market continues to grow at a steady pace. At $154 billion, the market is up 13 percent over the last seven days, 67 percent over the last month and an astounding 1,240 percent year-over-year.

What might be most notable, however, is that the new high came during a trading session in which there were no individual all-time highs for major cryptocurrencies.


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


Source: CoinDesk


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