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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The average Ethereum transaction fee has passed $20 for the first time.
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Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position.
Ethereum Reaches New All-Time Price High
The second-largest crypto market capitalization belongs to ethereum (ETH) with a valuation of around $510 billion today.
Currently, there is $28.9 billion dedicated to ether trades and ETH’s market cap has a dominance rating of around 18.8%.
ETH reached its all-time....
Ethereum has once again broken another all-time high. The digital asset set the new record following along with bitcoin’s run that saw the latter set a record of its own above $68,000. Ethereum has been on a bullish roll lately and has not slowed down as momentum continues to stay up. This time, ETH had […]