The market value of the cryptocurrency has exceeded five hundred billion dollars

© RIA Novosti / Vladimir Astapkovich in fotobasketball bitcoin. Archival photoThe market value of the cryptocurrency has exceeded five hundred billion dollars© RIA Novosti / Vladimir Astapkovich the image Bank

The market capitalization of all existing cryptocurrencies have exceeded $ 500 billion, according to the service CoinMarketCap.

As of 09:24 GMT total capitalization was equal 510,7 billion dollars. First place traditionally takes bitcoin (BTC) 275,6 billion dollars. Capitalization Ethereum is estimated at 71.1 billion dollars, Bitcoin Cash — 32.4 billion USD, Ripple is 22.5 billion USD, Litecoin is 16.6 billion dollars.

A new record was due to a serious increase in the number of cryptocurrencies on the news from the US and Asia. On Wednesday, the stock magazine Nikkei Asian Review reported that the banks of Japan and South Korea plan to begin testing a payment system Ripple, in an effort to increase the speed of transactions and reducing the costs of thirty percent. Another growth factor was the launch of bitcoin futures on the Chicago options exchange.

Consonants according to CoinMarketCap, Ripple becomes more expensive 44.55% to 58.1 per cent, Ethereum — by 16.3%, to 738,6 dollar, Bitcoin Cash — by 23.83%, up to 1.9 thousand dollars. While bitcoin dropping to 2.87%, to 16.5 thousand dollars.

Service CoinMarketCap allows you to track the average price and capitalization of each cryptocurrency. When calculating the average market price for bitcoin in dollars, the aggregator calculates the data from more than twenty exchanges.