Bullish Bitcoin Supercharges Crypto Market Cap to Shatter 12-Month High $300 Billion

2019-6-22 17:52

By CCN Markets: The net valuation of the cryptocurrency market on Friday flew above $300 billion for the first time in the last 372 days. Data assembled by CoinMarketCap. com shows that the cryptocurrency market capitalization touched approx $303.

42 billion as of 1137 UTC today, its highest since June 13, 2018. That brought the market’s net bottom-rebound to as much as 196 percent, including a 143 percent gain on a year-to-date basis. A massive chunk of the cryptocurrency market’s gains on Friday came from bitcoin. The dominant digital asset today came closer to testing the $9,900 level, bringing its market capitalization to

The post Bullish Bitcoin Supercharges Crypto Market Cap to Shatter 12-Month High $300 Billion appeared first on CCN Markets

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USDC market cap below $30 billion, struggles signify crypto turmoil

Key Takeaways USDC’s market cap has dipped from $54 billion to $30 billion in the last eight months The stablecoin has lost market share since March, falling from 32% to 23% Regulatory concerns and the fallout from the SVB collapse have plagued the stablecoin, whose struggles signify the capital flight out of the crypto industry […] The post USDC market cap below $30 billion, struggles signify crypto turmoil appeared first on CoinJournal.

2023-5-10 17:54