Cryptocurrency market cap tops $147 billion for the first time

in hive-196037 •  4 years ago 


Investing.com - The total market capitalization of cryptocurrencies set a new all-time high on SundayThe total market capitalization of the crypto asset class rose to $147.2 billionIt is currently at around $145 billionBitcoin Cash prices briefly jumped to a record on SundayThe surge higher saw the market cap of the bitcoin offshoot increase to $13 billionIt is the third-largest digital currency after Bitcoin and Ethereum.Prices have risen as faster processing speeds showed it could handle the higher transaction capacity for which it was built.At current prices, Bitcoin Cash has a market cap of around $11 billion.Bitcoin has market cap of about $67 billion.Ethereum has the second-largest market cap among cryptocurrencies at $30 billion.


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