$126 Billion- The Cryptocurrency market just set a high record all time new

in #bitcoin7 years ago

Today, cryptocurrency set a new all time high which is more than $ 126 billion dollar ever for the first time in the history record, that data is fully depend on coinmarketcap.

The new benchmark set at 8 UTC and comes just under four days after the cryoo assset class set a previous record above $116 billion.

At the time of press , the cost appears incline to be driven by a new influx of capital into bitcoin, the oldest market. Just a week ago, last frisday, the cost of single bitcoin is increase more than 20% arising to cross 3500 dollars from 2800 dollars.

It is found out that, during the time of supply  the total value of the coin also climb from 47$ to 57$ (in billions).

Good profits have also been seen in the top 10 cryptocurrencies by market cap.

For the first time, a project which is well publicized, out of China saw it's market capitalization pass 1 billion dollars. More than a week ago, it has seen that their market capitalization rise to $ 1.7 billion.

However, IOTA also inceased to $1.7 billion from $1.1 billion, whereas ether, the native crypto on the ethereum blockchain, increased its total market cap to 28 billion dollars.

Even bitcoin cash, the currency that was created in last week's due to bitcoin fork, added little new value to its market, inching up to $5.4 billion from $5.1 billion.


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