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After dropping to a low of 46%, Bitcoin market capitalization as a percentage of total cryptocurrency market cap is back over 50%.
Bitcoin now has a larger market cap than Deutsche Bank as the virtual currency begins retracing earlier losses.
A comedy video poking fun at Ethereum has caused investors to blame Monero’s Riccardo Spagni for losses entailed from the altcoin’s 20% drop.
Bitcoin exchanges in South Korea have posted prices of up to $4500 in the past 24 hours, sparking speculation from the community.
In a relatively short span of seven years, Bitcoin price surged from around $0.003 to a staggering $2,389.
Ethereum classic has hit $1.3 bln market cap Wednesday morning. Some connect the success of the coin to the Consensus 2017 conference, where Barry Silbert plays a major role.
Ethereum took advantage over Ripple’s instability and took over XRP to reclaim its spot in the rankings as the second largest cryptocurrency or crypto asset, behind Bitcoin.
As Bitcoin Continues to grow, some altcoins are not being left behind either. Last week there was an intense competition on the top 10 of CoinMarketCap with some casualties being posted.
NEM and its XEM continue their rags-to-riches miracle with a $2.5 bln market cap, up 800% in a month.
NEM posts big gains Thursday, beating other top ten altcoins to add 55% in 24 hours.
Ripple now has double the market cap of its nearest rival Ethereum as emission updates from developers seem to reassure markets.
The Blockchain Transfer Token Ripple took the second spot on CoinMarketCap last week but the reign was brief.
Bitcoin is balancing all-time high price and market cap with all-time low market dominance of under 57%
For over a month, Ethereum Classic price has surged impressively to the admiration of community members.
NEM, the multiple vertical applications Blockchain, jumped two places up surpassing Dash and ETC to become the fifth most valuable cryptocurrency.
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