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Cryptocurrency Market Cap reaches $300 Billion as Bitcoin, Ethereum and Ripple bull run continues

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Bitcoin (BTC), Ethereum (ETH) and Ripple's XRP price analysis

Today the total market capitalization of Cryptocurrency market hits $300 billion as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and other Cryptocurrency surges. At the press time the total market capitalization of all Cryptocurrency as per CoinMarketCap is $302,701,310,175 while 24h volume is $68,394,557,531 USD. Out of the total market capitalization Bitcoin (BTC), dominance is 58% and rest are others.

Bitcoin the largest cryptocurrency by market capitalization is all set to break the $10000 mark today. Many analysts have predicted that if BTC crosses $10k mark then another rally will start. At the press time BTC/USD is trading at $9882 and the price is up by 5.65% from the last 24 hours. Also the market capitalization for BTC as per CoinMarketCap is $175,634,059,890 USD. The 24h high and low for Bitcoin (BTC) are $9,908.32 USD and $9,328.92 USD respectively.

Ethereum the 2nd largest Cryptocurrency by market capitalization is trading at $289.63 USD which is up by 7.93% from the last 24 hour. At press time market cap of ETH is $30,869,436,887 USD and the 24h high and low for ETH/USD are $290.99 USD and $266.99 USD respectively. As you see that the 24h high for Ethereum (ETH) is $290 that means it is also soon going to hit $300 USD mark.

Ripple (XRP) the 3rd largest Cryptocurrency by market capitalization is trying hard to break the $0.45 USD mark from last few days. At the press time XRP/USD is trading at $0.441580 USD and the price is up by almost 3.30% from the last 24 hour. The 24h high and low for XRP/USD is $0.446312 USD and $0.423504 USD respectively with a market capitalization of $18,768,008,653 USD (At Press Time). If bulls of XRP managed to break the $0.45 mark then there are chances that the price of Ripple’s XRP will skyrocket.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.