The jump in the price of Bitcoin (BTC) and other crypto assets, has led the overall market cap to cross $182 billion yet again.
It is official – the crypto market cap has witnessed a new 2019 all-time high. According to CoinMarketCap, the leading provider of cryptocurrency data, that figure is $182.36 billion to press time. This is some $68 billion higher than the total market capitalization in January when it was hovering around $112 billion.
The surge in crypto prices
The cryptocurrency markets halted their meltdown. The bleeding seems to have stopped for Bitcoin and other major coins.
At the time of writing, Bitcoin is up 1.8% on the day and is trading around $5,247.30. Ethereum (ETH) has seen an even more price surge, adding 6.78% to its value. It is exchanging hands at roughly $180 to press time. The third largest digital asset Ripple (XRP) has seen 0.39% percent in losses on the day and is trading around $0.358827.
Early last week, Bitcoin skyrocketed suddenly thanks to an especially notable high-volume buying spree,…