Cryptocurrency Market Soars to All-time High Over the Weekend

A strong Bitcoin coupled with other cryptocurrencies has seen the cryptocurrency reach a run of highs this year and almost topped 28 billion over the Bitconnect
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Cryptocurrency Market Soars to All-time High Over the Weekend
05
APR
2017
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Cryptocurrency Market Soars to All-time High Over the Weekend

A strong Bitcoin coupled with other cryptocurrencies has seen the cryptocurrency reach a run of highs this year and almost topped 28 billion over the weekend

Sunday the 2nd the combined market of Bitcoin and other cryptocurrencies achieved an all-time high of $29,7 billion. This growth has been attributed to the strong performance of other coins such as Litecoin and Ripple which have experienced huge growth over the last week.

Both cryptocurrencies have enjoyed an enormous increase in value with Litecoin doubling in price over the last 5 days and Ripple soared to a 2 year high.

It is the first time that the combined altcoin market has gone past the 10 billion over a weekend.

Even though Bitcoin is still untouched it is also the lowest level it has ever been regarding overall dominance. It is the first that it has had less than 65% of market share on Sunday. This uncertainty has resulted with Bitcoin slipping below the $1000 mark mid-March but it has returned to over $1100,00 as the market seems to regard this as the new milestone support.