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Intel Core X AMD EPYC Ethereum Core i9-7900X Cryptocurrency Vega home News Cryptocurrency Valuations Hit All-Time High Surpassing $100 Billion, Ethereum And Bitcoin Lead Charge Your stash of Bitcoin may right now be worth a lot more than a pretty penny, at least currently.The total market cap for cryptocurrency just hit an all-time high north of $100 billion USD.Bitcoin, Ethereum, and Ripple have lead the charge over the last two months and there seems to be no sign of them slowing down any time soon.Since April 1st the combined market cap of cryptocurrency has increased 300 percent from $25 billion to $100 billion.Bitcoin has witnessed an 160 percent upshot while Ethereum’s value has increased by 439 percent.There have been a few dips in value over the last few weeks, but they have all been short-lived.Bitcoin values went from $2,700 to $2,000, but then pulled up to an all-time high of $2,850.It is quite difficult to “value” cryptocurrencies and determine whether their current prices are worth it.

Cryptocurrencies are not based on public companies and therefore do not necessarily share their earnings and expenses.There is also disagreement over how to value them.Some people regard cryptocurrencies as legitimate, genuine currency, while others remain skeptical of their worth.Why are cryptocurrencies suddenly worth so much money?Ripple is based on inter-bank settlements and recently signed up with over one hundred banks worldwide.Ethereum has gained quite a bit of popularity because it is able to be scripted for smart contracts that protect all parties.This ability also allows it to build new tokens and host initial coin offerings (ICOs), essentially to help crowd-fund the currency.Many people are excited about the possibilities that relatively new cryptocurrencies like Ripple an Ethereum can provide.Bitcoin also has retained quite a following since its introduction in 2009.Are cryptocurrencies experiencing a bubble or a renaissance?Only time will tell, though it is concerning and perhaps even suspicious whenever the value of an asset (like Ethereum) increases by over 400 percent in only two months.

Cryptocurrencies have become more secure, however, so their popularity and value may be here to stay.This goes without saying, but as usual, use your own discretion if/when making investments.blog comments powered byHistory was made on 6 June 2017 when the cryptocurrency marketcap shot through $100 Billion.Bitcoin accounts for 46,2% of the marketcap however, altcoins are booming and in particular, Ethereum.
ethereum payment methodBitcoin and Ethereum are very different in terms of application.
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bitcoin anonymous debit cardWhich one of these giants will command the highest market cap in the future?
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bitcoin график> > > > Investments in cryptocurrencies like Bitcoin, Ethereum, and Ripple, have been growing exponentially since the beginning of the year.The total investments in the cryptocurrency #market are expected to rally above $100 billion in the following weeks or even days.Reasons behind the cryptocurrency rally About one month ago, financial analysts and economists explained the sudden spike in investments in cryptocurrencies as a result of the uncertainty surrounding traditional currencies that diverted the attention of investors to alternatives as well as changes in the policies of Japan and other Asian countries that made trading of cryptocurrencies easier.

Even though the above may have been the factors that sparked the interest in cryptocurrencies, it seems that more and more investors are attracted to them because they consider them as reliable investments.Interest in cryptocurrencies grows exponentially Although many hedge funds are still reluctant to invest in cryptocurrencies, they seem to be attracting investments and a lot of interest from casual investors as well as from people who do not want to miss out on the opportunity.Additionally, many start-up companies have identified the popularity of cryptocurrencies and raise funds through an initial coin offering (ICO) which is a really innovative way of getting started.A good example of this is Brave that launched a coin offering to fund a new web browser and was able to raise the equivalent of $35 million in units of cryptocurrency tokens in a matter of half a minute, according to CoinDesk.Initial coin offerings are considered by many as alternatives to traditional initial share offerings.