World has witness the latest boom in the world cryptocurrencies market with the overall market capitalisation crossing $84 billion
Market Cap: $84,723,504,419 /
24h Vol: $3,704,539,376
BTC Dominance: 48.4%
Listing market cap of some cryptocurrencies :
1 . Bitcoin - $41.16B
2. Etherium - $18.36B
3. Ripple - $6.5B
4. Litecoin - $2.1 B
5. Dash - $1.2 B
These top five coins market capitalisation are nearing to $70B means around 90 % of the overall market capitalisation.
From there prices , it is for sure they are over priced and doesn't justify the values . Is any bubble around ?? Not sure but looking into the price , I am not so bullish .
Cryptocurrencies is still need an acceptance world wide and overall process is required to control the volatility and price manipulation.
Cheers!!!!