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Ethereum Price Raises $ 1,000 While Crypto Markets Exceed $ 750 Billion

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The market capitalization of cryptocurrency hit a new record high on Thursday, climbing briefly above $ 770 billion of dollars. The price of the ethereum has crossed this threshold threshold of $ 1,000, while the price of the ripple seems determined to extend what has been a remarkable rally.

After reaching $ 683 billion, the market capitalization of cryptocurrency climbed to $ 772 billion, an intraday increase of 13%. After a trough on Thursday morning, the combined value of all cryptocurrencies is now $ 753 billion.

<img class="size-full wp-image-127899" src="" alt=" bitcoin price "width =" 1083 "height =" 442 "/>
Source: CoinMarketCap

Bitcoin Prize less than $ 15,000

The rally was completed without the help of bitcoin, which posted a daily drop of about one percent. This forced the price of bitcoin below $ 15,000, a note that he recovered on Tuesday after a report that a major venture capital company in Silicon Valley made a major bet on bitcoin. At the time of writing, the Bitcoin price was trading at $ 14,445 on Bitfinex – about $ 400 below its global average – reducing Bitcoin's market capitalization to $ 249.6 billion.

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Bitcoin price chart 24 hours

Daily movements also reduced market share from bitcoin – often referred to as the bitcoin dominance index – to another historically low level: currently, bitcoin accounts for only 33.1% of the market capitalization of cryptocurrency, while altcoins represent the remaining 66.9%.

Ethereum Price cracks $ 1,000 while Ripple adds 33 percent

The price of the Ethereum made an impressive advance on Thursday, but the ripple continued to consolidate its position as a second cryptocurrency.

Ethereum, long the second most valuable but recently forced third cryptocurrency, rose 11%, bringing the price of Ethereum to a current value of $ 937 on Bitfinex. Thanks to Korean premiums, the global price of the ethereum reached a record high of $ 1,045, ETH becoming briefly the third cryptocurrency to reach a market capitalization of $ 100 billion.

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<img class="size-full wp-image-127896" src="" alt=" ethereum price "width =" 670 "height =" 346 "/>
24-Hour Ethereum Price Chart

As impressive as this rally was, however , ethereum in fact It lost ground compared to the second wave, which exploded by 33% to increase its price to $ 3.16 on Bittrex and $ 3.63 in general.Ripple now has a market capitalization of 140 , $ 6 billion, or 56% of bitcoin.

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Ripples Chart 24-Hour

Altcoins Peak at $ 520 Billion

Unsurprisingly, the rally rallies and the Ethereum have worn the altcoin cap to a record high. The combined value of the altcoins peaked at $ 520 billion this morning – a mark that reached just two days after reaching $ 400 billion for the first time.

<img class="size-full wp-image-127910" src="" alt=" ethereum price "width =" 1069 "height =" 455 "/>
Source: CoinMarketCap

Although ruled by the ripple and the l & # 39; Ethereum, the advance altcoin was boosted by strong indices of a number of other altcoins, even though several large cryptocurrencies recorded drops of only one day.

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Source: CoinMarketCap

The bitcoin spot price was one of those outliers, plunging On the other hand, Cardano jumped 27% to $ 32 billion, while NEM and Stellar also recorded double-digit increases of 52% and 13%, respectively, the second consecutive day. down seven per cent and four per cent.

The most impressive performance of the day came from TRON, a chip that is probably unfamiliar to many investors. Marketed as a decentralized content distribution platform, the TRON price climbed 107 percent on Thursday, bringing its market capitalization to $ 10.4 billion and rising to 10th in the league's top tier, beating dash, which is among the top 10.

Write to Josiah Wilmoth at josiah.wilmoth (at)

Image from Shutterstock to photo

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