In June the whole market capitalization grew from 82,876 bln $ to 99,552 bln $. It is a growth of 20%. Capitalization of all others cryptocurrencies (excluding Bitcoin) grew from 45,506 bln $ to 58,756 bln $. It is a growth of 29%. At its highest moment market cap of the whole market was 116,550 bln $.
June`s three best cryptocurrencies are as presented: the leader was Bitshares which gave 279% return rate. The second place belongs to Komodo which grew about 244%. The third was Byteball with 126% result. The leader of April and May – Stratis – gave in June “only” 20% return rate.
In June decision was made to implement SegWit2x. This solution will increase transactions speed up to 2-4 times. It is also more often heard that ETH will take over Bitcoin in market cap. Some even say that it may replace BTC, which I personally don`t agree. However, this is a topic for another article.
For Bithub.pl Adrian Gozdera and Dominik Gordel comment June Adrian Gozdera:
The beginning of June was very promising and profitable. Bitcoin established a new price record on Bitfine exchange, which is for me determinant. 3000$ has been reached, unfortunately the movement and strength were too weak to hold this level. Although we reached psychological barrier shortly investors started to sell. This resulted in falling price – during next 4 days it fell to 2000$, 35% below ATH. After such large falls we had another attempt on all-time-high. However, the movement ended on strong resistance level 2700$.
For the full rank and comments visit bithub.pl/english/rank-june