As Bitcoin Approaches $300 Billion Market Cap, IOTA & Ripple's XRP also Make Strides

We all know bitcoin has been blowing up pretty much all of 2017. However, sooner rather than later, the cryptosphere will be hearing about IOTA and Ripple's XRP a lot more often as well. They've partnered up with banks and giant conglomerates like Microsoft to provide state-of-the-art solutions from data monetization, in IOTA's case, to fast money transfers being validated by reputable banks, in Ripple's case, while still using the blockchain.

Both IOTA and Ripple's XRP round up the top 10 cryptocurrencies in terms of market capitalization. Usually a surge in bitcoin's price signals a price increase in the the other altcoins. As we approach the new year, both IOTA and Ripple's XRP have their challenges ahead of them since they're basically in their infancy. But isn't the whole cryptosphere in its infancy as well?

If this is just the beginning of the crypto market, then it's hard to imagine what the future will hold. With so many established banks and giant corporations jumping into the picture, the whole market has become a lot more complex. However, with this complexity, we have also witnessed a lot of diversity.