FXOpen Broker

10+ years’
experience in FX

VISIT WEBSITE

Trading Accounts

ECN, STP,
Micro, Crypto

START TRADING

Try Free Demo

Practice Forex trading
risk free

OPEN DEMO ACCOUNT

PAMM Technology

Become a Master
or a Follower

JOIN PAMM SERVICE
Results 1 to 1 of 1

Thread: Ethereum Price Roars Past $700 as Crypto Market Value Rivals That of Facebook

  1. #1
    Moderator cool user Dangerous's Avatar
    Join Date
    Mar 2012
    Location
    In tHe heArt oF sPaMmeR
    Posts
    5,347
    FXO Shares
    0
    FXO Bonus
    0.870
    Thanks
    442
    Thanked 1,201 Times in 745 Posts

    Default Ethereum Price Roars Past $700 as Crypto Market Value Rivals That of Facebook

    The Ethereum price crossed a major milestone on Tuesday, surpassing the $700 mark for the first time in more than a month.

    The rally was far from an isolated occurrence, as the cryptocurrency market cap achieved an eight percent advance, adding nearly $33 billion to its rapidly expanding waistline. In the past week, the market has added almost $100 billion.

    At present, the combined value of all cryptocurrencies is $430 billion, which puts the nascent asset class within striking distance of Facebook, who incidentally, a recent MIT Technology Review article suggested could take down Bitcoin if it made a coordinated effort.


    The Bitcoin price continued to lose market share to its peers, and the flagship cryptocurrency now accounts for just 37.1 percent of the index’s total valuation. Nevertheless, Bitcoin continued to post a steady advance, rising approximately six percent to $9,367 on cryptocurrency exchange Bitfinex. Bitcoin now has a $159.5 billion market cap, and many analysts predict that it will continue to grow throughout the year.

    The Ethereum price, meanwhile, beat the index by nearly two percentage points en route to a 10 percent surge that carried the coin above $700 for the first time since mid-March. The Ethereum price is now trading at $704, which translates into a $69.7 billion market cap and a 16.3 percent share of the index.

    source https://www.ccn.com/ethereum-price-r...t-of-facebook/
    Kick OUT ALL Spammer
    I KnOw YoU HaTE ME

  2. The Following User Says Thank You to Dangerous For This Useful Post:

    penaltev (04-25-2018)

Bookmarks

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2020 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us