The cryptocurrency market has hit a new all-time high as the total market capitalization hit $700 billion, according to CoinMarketCap, earlier today.
MAKE SURE TO FOLLOW US ON TWITTER: @BLCKCHAINDAILY
The Market Cap is $713,199,986,095 at press time.
Exactly one year ago, the total market cap was $18 billion.
The top 5 cryptocurrencies are as followed:
1. Bitcoin, $257.2 bln
2. Ripple, $111.9 bln
3. Ethereum, $86.1 bln
4. Bitcoin Cash, $46.2 bln
5. Cardano, $26.2 bln
Market Capitalization is one way to rank the relative size of a cryptocurrency.
It’s calculated by multiplying the Price by the Circulating Supply.