Sentences with phrase «value of all cryptocurrencies hit»

As both Ethereum and Litecoin soared to new record highs Tuesday, the combined market value of cryptocurrencies hit an all - time high of $ 506 billion at about 7:40 a.m. ET Wednesday, according to Coinmarketcap data.

According to reports, the aggregate value of all cryptocurrencies hit a record high of around $ 184 billion on November 1, according to industry website Coinmarketcap, making their reported market value worth around the same as that of Goldman Sachs and Morgan Stanley combined.

Not exact matches

Meanwhile, its rival cryptocurrency Ripple recently hit an all - time high with a value of $ 3.20.

Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month.

No - one knows for certain about what cryptocurrency values will be by the end of 2018 but the entire cryptocurrency market could hit $ 1 trillion this year, Kraken founder and CEO Jesse Powell told CNBC this week.

The value of funds raised globally by digital coin offerings in January and February fell 43 per cent to US$ 726 million compared with November and December when bitcoin, the best known cryptocurrency, hit an all - time high just below US$ 20,000, according to data from research firm Novum Insights.

This is cause for celebration for users who have heavily invested in the cryptocurrency; but, it appears the value of bitcoin is not the only thing that has hit the roof in 2017.

That ban, as well as warnings by regulators in other countries, has driven fears of a wider crackdown and prompted a sell - off that has helped wipe almost $ 60 billion off the total value of cryptocurrencies since they hit record highs at the start of the month, according to industry website Coinmarketcap.

The value of the bitcoin cryptocurrency hit a new all - time high on Sunday, reaching $ 6,306 before settling down to somewhere around $ 6,170 at the time of writing on Monday morning.

In the recent times, the cryptocurrency market has faced adverse circumstances in terms of its value and adoption, because of certain regulatory fears and now with the Google's recent announcement to ban advertisements based on promotion of cryptocurrencies, Ripple, ethereum, bitcoin and litecoin have all hit a low since the last week.

Digital currencies have also yet to hit the scale of other markets — compare the market value of $ 479 billion across all cryptocurrencies to the NYSE's over $ 20 trillion.

Not only did it see the value of the cryptocurrency skyrocket to previously unimaginable proportions, but the year had bitcoin's transaction costs hit a fever pitch, with average fees touching $ 55.16 (while the median was $ 34.09) in late December while investors were left justifiably unamused.

Every year, during the month of January, the cryptocurrency market takes a significant hit in terms of value, as can be seen in the market cap charts below.

Other major cryptocurrencies have also been hit with double - digit falls in the past 24 hours, with Ethereum, Bitcoin Cash, Litecoin, and Monero all receding in value in the range of 15 - 25 %.

According to CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency's value has hit a low of $ 9,714.02 as of press time.

The value of bitcoin plunged 13.5 % in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.

The total market value of cryptocurrencies on Wednesday hit an all - time high today.

Bitcoin, the world's most popular cryptocurrency, showed a meteoric rise in 2017, with its value growing from below $ 1,000 at the beginning of the year and hitting a historic milestone of $ 20,000 in December.

Even though the value of cryptocurrencies have taken a significant hit since the ad restrictions were announced, it's largely this mood which characterises much of the thinking coming from crypto figures.

Every year, during January, the cryptocurrency market takes a significant hit in terms of overall value.

The global cryptocurrency market was last valued at $ 534 billion after hitting a low of $ 490 billion earlier in the day.

After hitting a peak market cap of $ 835 billion, the combined value of cryptocurrencies was, at one brief point, cut in half.

Following a wild run spanning over most of the second half of 2017, the highest - valued cryptocurrency in the world has hit new lows one after another this year.

Cryptocurrency and the anonymous market is booming in this era of time, the bitcoin which is sitting on the top with the market value of 182B $ with non-stop pushing and keep on hitting new price end up to give shock surprise every single day.

On January 28th Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market, which could wipe out more of 90 % of the value of Bitcoin.