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Author Topic: [2017-08-24]Cryptocurrency Market Capitalization Hits Above $150 Billion  (Read 3269 times)
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August 24, 2017, 08:02:42 AM

Currently the value of bitcoin, ethereum and other assets marked $153.78 billion point which is 13 percent higher that last week, 67 percent over the last month and an incredible 1,240 percent enhancement since the previous year. XRP prices – the cryptocurrency of the Ripple network – have also surged more than 40% due to intensive buying from Korean won trading pairs prompting another round of predictions that Ripple is about to make a big splash into the Chinese markets in the nearest future.  The data once again confirms steady growth of the cryptocurrency market.

Another important thing should be mentioned: the new record comes during a trading session where were no individual all-time highs for most popular cryptocurrencies. At $4,185 and $318, bitcoin and ether respectively were edging up, though still short of their highs above $4,500 and $400, respectively. Which is more, the new high was set when there were no significant gains in litecoin, monero and some other popular alternative cryptocurrencies among traders.
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