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Cryptocurrency market cap tops $147 billion for the first time

Published 08/21/2017, 08:04 AM
Updated 08/21/2017, 08:04 AM

Investing.com - The total market capitalization of cryptocurrencies set a new all-time high on Sunday
The total market capitalization of the crypto asset class rose to $147.2 billion
It is currently at around $145 billion
Bitcoin Cash prices briefly jumped to a record on Sunday
The surge higher saw the market cap of the bitcoin offshoot increase to $13 billion
It is the third-largest digital currency after Bitcoin and Ethereum.
Prices have risen as faster processing speeds showed it could handle the higher transaction capacity for which it was built.
At current prices, Bitcoin Cash has a market cap of around $11 billion.
Bitcoin has market cap of about $67 billion.
Ethereum has the second-largest market cap among cryptocurrencies at $30 billion.

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