Tagcryptocurrency market cap

$40 Trillion Cryptocurrency Market Cap ‘Definitely Possible’: Pantera Capital CEO

Dan Morehead

The founder of cryptocurrency hedge fund Pantera Capital said on Thursday that he believes the cryptocurrency market cap could one day be worth $40 trillion. Dan Morehead, who is also the firm’s CEO, said in an interview with Bloomberg that he believes the fair market value of the cryptocurrency market cap is an order of magnitude or two above where it currently sits. “Obviously, we’re very...

Ethereum Price Leads Morning Retreat as Market Dips Below $400 Billion

The cryptocurrency markets made an early morning retreat on Wednesday, pressing pause on its extended bull run. The Ethereum price led the retreat with a nine percent decline, and altogether nine of the 10 largest coins and tokens lost value against the dollar, while four posted double-digit declines. The major price action began Wednesday morning at approximately 2:30 UTC when the cryptocurrency...

Cryptocurrency Market Cap Dips Below $500 Billion, But Bitcoin Dominance Ascends

Bitcoin price

The cryptocurrency market cap dipped below $500 billion on Wednesday, marking the recovery's second hiccup in the past week. But although total valuations are in decline, Bitcoin's market share continues to climb, once again putting to rest predictions that Ethereum is poised to supplant it as the largest cryptocurrency. On Monday, the cryptocurrency market cap had traded near $510 billion for...

Cryptocurrency Market Cap Adds $50 Billion as Ripple, Stellar, and NEO Surge

The cryptocurrency market cap added $50 billion on Wednesday, rebounding from a correction that caused it to dip as low as $415 billion last week. The rally lifted the bitcoin price above $11,000, while Ripple, Cardano, Stellar, and NEO all posted double-digit percentage advances. At present, the cryptocurrency market cap is valued at $551 billion, which represents a single-day increase of 10...

Cryptocurrency Markets Show Signs of Life After $400 Billion Crash

Cryptocurrency prices are showing signs of life following their $400 billion crash but investors are not out of the woods yet. Cryptocurrency Markets Show Signs of Life After $400 Billion Crash The cryptocurrency market cap -- a metric which measures the value of all circulating cryptocurrencies -- fell as low as $415 billion on Wednesday, a more than 50 percent decline from the $835 billion high...

$700 Billion: Crypto Market Hits New Milestone as Bitcoin Price Recovers to $15,000

The cryptocurrency market cap hit a new all-time high above $700 billion on Wednesday, bolstered by strong performances from the bitcoin price and a variety of altcoins. Cryptocurrency Market Cap Hits $700 Billion The cryptocurrency market cap began the day below $650 billion but rose $64 billion -- or 10 percent -- during the ensuing 24 hours to reach a new high-water mark of just under $709...

Cryptocurrency Market Cap Sheds $50 Billion as Bitcoin, Ethereum Prices Skid

Cryptocurrency market cap

The cryptocurrency market cap shed $50 billion on Thursday as the result of a widespread market correction that forced a myriad of prominent coins into double-digit percentage declines. Cryptocurrency Market Cap Endures $50 Billion Decline Yesterday, the cryptocurrency market cap recovered back to $600 billion after last week's severe correction, but today's pullback dropped it well below that...

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