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Tuesday, August 29, 2017

Cryptocurrency Market Cap Reaches Record $161 bln, Investments Flow

Cryptocurrency Market Cap Reaches Record $161 bln, Investments Flow


The cryptocurrency market cap has passed $160 bln for the first time, as trading platforms post new records.

Data from Coinmarketcap and Coin Dance show market activity and growth spiralling in the week ending Aug. 26.

The growth to almost $162 bln caps an extraordinary month for cryptocurrency, which began in August below $90 bln.

ICO token popularity has contributed to the sudden increase, with Bitcoin dominance falling below 50 percent once again in the second half of the month to currently sit at just below 45 percent.


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


Source: CoinTelegraph


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