If there were any doubts about the rally that the Crypton Coins are experiencing in the middle of 2017, it is enough to observe the price with which the two main currencies of the market dawn on Tuesday due to their estimated capitalization. Bitcoin managed to once again surpass a historical record until it pulverized the ceiling of $ 2,900 and Ethereum marked a high above $ 260.
In response to the resistance and indications of alleged bubbles in this area, the demand and increasing usability of virtual currencies continues to support the increase of their value, in an upward trend that is observed now in nine of the ten largest capitalization .
These milestones are also reached at a time when the total value of the electronic asset market also shows an unprecedented figure going back over $ 100 billion , marking exactly $ 102.99 billion at the time of writing this review. Of this amount, Bitcoin represents 46.1% of the total electronic money market, as can be seen in the following graph:
The price of BTC has managed to remain stable during the last weeks on the 2,000 dollars per unit, amid ups and downs related on the one hand with the news on its increasing adoption and recognition by private and governmental entities; And in an adverse sense with fears about the sustainability of its current contribution, specific restrictions to withdrawals to fiat currencies and vulnerabilities of various platforms.
The regulation and creation of a legal framework for bitcoin operations is a pending task in several countries, while the Asian countries are leading the way in this regard.
In the middle of the day, the quote of the BTC exceeded the $ 2,900 to a ceiling of $ 2,999.91, without breaking the psychological barrier of $ 3,000 on average. It subsequently declined and remained stable at the level of $ 2,800 per unit.
By the time it is written, bitcoin reaches a price of $ 2,822.83 per unit , a market capitalization of $ 46,222,218,123, with a transaction volume of $ 2,013,430,000 in the last 24 hours.
Ethereum (ETH), for its part, marks a price of $ 264.18, with a market capitalization of $ 24.6 billion, and a turnover of more than $ 615 million over the course of the last 24 hours. Most of the transactions were carried out through the Poloniex, GDAX and Bithumb markets.
Interestingly, best-selling writer and influencer Tim Ferris has joined those who explore the world of cryptones, referring specifically to Bitcoin and Ethereum in his most recent podcast .
It should also be remembered that Russian President Vladimir Putin met this week with the founder of the Ethereum platform, Vitalik Buterin , which can be interpreted as a signal that promotes its adoption in this country, where the theme is already Analyzed by its central bank.