The total market capitalization of cryptocurrency has reached another milestone breaking the point of half trillion USD. The volume of market capitalization reached the mark of $500 billion on December 12 and currently continues to rise.
Global Market Capitalisation Charts
In the meantime, Bitcoin remains dominant over all other cryptocurrencies having the dominance index of 54,9%. Nevertheless, altcoins are starting to gain better positions becoming more dominant than they used to be. For instance, the dominance index of Ethereum is 14,09% and dominance of Bitcoin Cash is 6,21% as of December 14, 2017.
Percentage of total market capitalization (dominance) during past 3 months
What is more, all top cryptocurrencies have shown the notable price rise during past week, and the leaders in the increase of price are Litecoin, which rose 205% reaching the price mark of $295, and Ripple, whose price grew 163% to the point of $0,59.
List of top cryptocurrencies ranked by market capitalisation
The total volume for the past 24 hours has exceeded the mark of $35 billion.
Previously, we have reported that in the beginning of November, the total market capitalization of cryptocurrencies exceeded $200 billion, which shows that market cap faced an unexpectedly rapid increase only within one month and a half, growing by more than $300 billion.
At the moment of press, the total market capitalization is $513 650 528 354.