Valuations of cryptocurrencies like Bitcoin, Ethereum, and Ripple have skyrocketed in recent months, with all three of the leading cryptocurrencies making significant gains to market price and market capitalization since the beginning of the year. Ripple has reached a market cap of almost $10 billion and Ethereum's has grown to more than $20 billion in that time period. Prices have grown considerably over the same time span. A recent article by Tech Crunch suggests that these sudden and significant gains may be due in large part to activity taking place in China and Japan.
