Total Cryptocurrency Market cap Surpasses $200bn for the First Time
It has been an thrilling weekend for all cryptocurrencies to date. Whereas most altcoins have misplaced all of their beneficial properties over the previous 36 hours, the greater image shouldn’t be missed in any way. All cryptocurrencies in circulation are price over $200bn proper now. A serious step ahead from the $40bn market cap earlier this yr. It’s evident Bitcoin continues to be the king of the hill and that state of affairs won’t change in any way.
Cryptocurrencies are Booming Regardless of Volatility
Though the general cryptocurrency market cap has lastly surpassed the $200bn mark, these markets aren’t much less unstable than ever earlier than. In truth, there may be extra volatility these previous few weeks in comparison with what we have now seen all through most of 2017. This example is principally affecting altcoins, although, as they’re all struggling to take care of their value ranges proper now.
Though issues might look fairly bleak for most altcoins proper…