Volume of the global crypto currency market exceeded $ 160 billion

On Monday, cost of all electronic currencies in circulation in the world increased to a record $ 160 billion thanks to the growth of Bitcoin and Ethereum rates, MarketWatch writes with reference to the data of Coinmarketcap website.

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Volume of the global crypto currency market exceeded $ 160 billion © The Strategist

Bitcoin, according to the latest data of Coindesk.com, is trading at $ 4397, which is about 2.7% below the record high. Ethereum costs $ 342.7, having fallen in price since the June record by $ 40.

The new Bitcoin Cash (BCC or BCH), formed after the August split, fell from a peak value of 3.6% to $ 599.

Totally, Coinmarketcap accounts for 853 crypto-currencies, 11 of which are valued at over $ 1 billion. Bitcoin ($ 73.735 billion) is undoubtedly the leader. Ethereum ($ 34.067 billion) was placed on the second line, and Bitcoin Cash accounts for $ 9,612 billion.

In addition, the top 11 includes the following digital currencies: Ripple, IOTA, Litecoin, NEM, Dash, NEO, Ethereum Classic and Monero. A new record of the total value of last year’s crypto-currency was fixed against the background of growth of individual altcoins. So, Ripple added 47%, NEO – 23%, Ethereum Classic – 10%.

The price of lightcoin on Sunday quickly went up and on the evening of August 27 for the first time exceeded the $ 60 mark. Now the cost of the crypto currency is $ 61.68 with a capitalization of $ 3.249 billion.

On Tuesday, August 29, the price of the second crypto currency by capitalization (Ethereum) exceeded $ 360 and, therefore, reached indicators of two months ago. According to CoinMarketCap, Ethereum reached its peak price yesterday, when the weighted average rate of the crypto currency was $ 364.58. Last time at these levels, ETH was traded in the middle of June, reaching historic maximum of $ 411before the June 13.

At the end of September, Ethereum network can implement the new version of the Metropolis software and the next hardfork.

source: coindesk.com

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