Crypto Market Surges More Than 50%, Surpasses $150 Billion - News Summed Up

Crypto Market Surges More Than 50%, Surpasses $150 Billion


In the last few weeks, cryptocurrency prices have surged, causing the total market capitalization (market cap) of these digital assets to climb more than 50% from their recent low. After falling to less than $98 billion roughly halfway through September, the total market cap of these currencies surpassed $150 billion today, according to CoinMarketCap. Upon reaching its daily high of $150.6 billion, this total market cap had risen more than 54% from its recent low, additional CoinMarketCap figures show. He noted that the CAMCrypto30 Index, a measure of the top 30 digital currencies by market capitalization, fell to 560.73 in mid-September, but has risen to nearly 700 today. As a result, digital currencies may not have been as volatile as many thought, depending on which data one looks at.


Source: Forbes October 02, 2017 23:03 UTC



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