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Cryptocurrency Market Cap reaches $300 Billion as Bitcoin, Ethereum and Ripple bull run continues

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5 years ago

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Bitcoin (BTC), Ethereum (ETH) and Ripple's XRP price analysis

Today the total market capitalization of Cryptocurrency market hits $300 billion as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and other Cryptocurrency surges. At the press time the total market capitalization of all Cryptocurrency as per CoinMarketCap is $302,701,310,175 while 24h volume is $68,394,557,531 USD. Out of the total market capitalization Bitcoin (BTC), dominance is 58% and rest are others.

Bitcoin the largest cryptocurrency by market capitalization is all set to break the $10000 mark today. Many analysts have predicted that if BTC crosses $10k mark then another rally will start. At the press time BTC/USD is trading at $9882 and the price is up by 5.65% from the last 24 hours. Also the market capitalization for BTC as per CoinMarketCap is $175,634,059,890 USD. The 24h high and low for Bitcoin (BTC) are $9,908.32 USD and $9,328.92 USD respectively.

Ethereum the 2nd largest Cryptocurrency by market capitalization is trading at $289.63 USD which is up by 7.93% from the last 24 hour. At press time market cap of ETH is $30,869,436,887 USD and the 24h high and low for ETH/USD are $290.99 USD and $266.99 USD respectively. As you see that the 24h high for Ethereum (ETH) is $290 that means it is also soon going to hit $300 USD mark.

Ripple (XRP) the 3rd largest Cryptocurrency by market capitalization is trying hard to break the $0.45 USD mark from last few days. At the press time XRP/USD is trading at $0.441580 USD and the price is up by almost 3.30% from the last 24 hour. The 24h high and low for XRP/USD is $0.446312 USD and $0.423504 USD respectively with a market capitalization of $18,768,008,653 USD (At Press Time). If bulls of XRP managed to break the $0.45 mark then there are chances that the price of Ripple’s XRP will skyrocket.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

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Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.