Sentences with phrase «value of all cryptocurrencies jumped»
Not exact matches
The cryptocurrency, ranked as the fourth - largest on the market, jumped 11.3 percent over the past 24 - hour period to reach a value of $ 1,510.22 per token and a market cap of $ 25.6 billion.
https://www.inverse.com/
Indeed, that week saw what could be described as a yo - yo effect for crypto - prices, given that significant declines were followed by subsequent jumps in the overall value of the cryptocurrency market.
Just like the world can collectively decide that gold is no longer worth anything overnight (by ceasing all buying of the precious metal everywhere), so too can the users of a protocol make a cryptocurrency jump or drop in value.
In it, Ravikant describes how cryptocurrency could serve not only as an alternative store of value and medium of exchange, but also as a way startups could raise money without jumping through the usual hoops.