The market value of digital currencies jumped 50 percent in just a week.
Think bitcoin’s surge of more than 30 percent in the last week is impressive? Check out what some of its cousins are up to.
The market capitalization of digital currencies has soared over 50 percent to more than $90 billion in the past seven days as the frenzy around cryptocurrencies reaches a fever pitch. Demand is swelling as more companies embrace the technology backing the method of exchange and some investors see it as a haven from political uncertainty across the globe.
Bitcoin dominance is reduced to 39% from 45% in just a week.
This shows that many people are interested in buying other cryptos, as they believe that the growth rate of bitcoin is way lower and bitcoin is rising very slowly as compared to other competitors out there
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