Crypto Asset Class Clears $90 Billion As Bitcoin Price Spikes

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8 May 2017.

Four months ago, bitcoin commanded 80-90 percent of market cap dominance.

of 2017 amassing a record market capitalization of $25.5 billion USD. However, many other cryptocurrency markets are growing in value and.

On May 7, 2017, the digital asset's dominance dropped to an all-time low of 53%.

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Even if crypto-assets-based products were to be cleared by central.

characterisation of crypto-assets as a new asset type with a unique risk.

After an all-time high of ÔéČ650 billion in January 2018 and a.

prices, as exemplified by the price of bitcoin, whose correlation with.

In fact, the negative spike in the.

16 Jan 2017.

Despite storing over fifteen billion dollars in value,6 bitcoin still.

unearth its merit as a bellwether for the cryptocurrency asset class.

90%. 100%. Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13.

the significant shift towards trading volume became clear in late 2015, as.

The spike also likely had.

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Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses.

Over the course of bitcoin's history, it has undergone rapid growth to become.

On 15 August, the vulnerability was exploited; over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network.