The total market capitalization (market cap) of cryptocurrencies has surged almost 800% this year, as the broader asset class continues to draw robust inflows.
This market cap reached $158.5 billion today, roughly 795% higher for the year, according to CoinMarketCap.
Cryptocurrencies attained this new market cap during a weekend when the price of both Monero and Litecoin surged to fresh, all-time highs.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
Full story at http://bit.ly/2xtNq1T
Source: Forbes
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