Bitcoin, Ethereum Soar As Crypto Reaches 90% of Record Market Cap

Bitcoin, Ethereum Soar As Crypto Reaches 90% of Record Market Cap

The total global market capitalization for cryptocurrency has reached 90% of its highest recorded value during late 2013’s Bitcoin price bubble. Early Thursday June 16th, the total cryptocurrency market cap reached $14.3 billion, nearly 90% of its total in early December of 2013 of $15.9 billion, during Bitcoin’s all-time high price over $1,000. This represents a growth in the cryptocurrency sector of $10 billion over the last year, almost $6 billion of which occurred over the last month Bitcoin not solely responsible for spike. Bitcoin’s price surged to about $730 early Thursday, bringing....


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