• Date of publication: 31 August 2020
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  • everything-for-business.com
  • Capitalization of crypto currency exceeded $ 800 billion

    Synopsis

    The market value of all the world's crypto currencies has surpassed the $ 800 billion mark. This is evidenced by the data of Coinmarketcap.

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Description

In the course of trading on January 7, the market capitalization of all crypto-currencies reached $ 835.5 billion. As of 16.10 Moscow time, the indicator was $ 830 billion.

Over the past seven days, the exchange rate has shown a sharp increase. So, bitcoin has strengthened by more than 30%, and Ethereum has risen in price by 44%. The exchange rate of Stellar for the week soared by 124%, while TRON grew by 398%.

Crypto-currencies TRON and Stellar have replaced the top-10 rating for the capitalization of DASH and Monero, Forklog notes. In addition, in the first week of January Ripple shifted Ethereum from the second position of the rating.

At the beginning of January, the capitalization of all the world 's crypto currencies exceeded $ 700 billion, and the Ethereum 's crypto currency rate exceeded $ 1 thousand. It was supported by information on the program of financial assistance for developers from the creator of Ethereum Vitalik Buterin. Developers will be able to count on amounts ranging from $ 50 thousand to $ 1 million

 

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