Ethereum Crosses $700, Market Cap Rises to $65 Billion

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Summary

While its market cap has risen to an all-time high of $64.3 billion, almost as much as the market cap of the next top three cryptos combined, but still far below bitcoin’s, which remains at near $300 billion. With trading volumes up to a new all time high for eth of above $5 billion. Ethereum has risen to a high of $715, up $300 in just one day, crossing $500, $600 and then $700 on December 12th 2017. It’s just a matter of time until we see a digital fiat currency, which will mean we are playing a new ballgame. That has fueled the three currencies listed on the exchange-broker, bitcoin, ethereum, and litecoin, with the latter two going parabolic yesterday.

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What a run! Ethereum has risen to a high of $715, up $300 in just one day, crossing $500, $600 and then $700 on December 12th 2017.

While its market cap has risen to an all-time high of $64.3 billion, almost as much as the market cap of the next top three cryptos combined, but still far below bitcoin’s, which remains at near $300 billion.

With trading volumes up to a new all time high for eth of above $5 billion. Much of it comes from Coinbases’s Gdax, at more than half a billion, quickly followed by South Korea’s Bithumb at near the same levels.

Ethereum’s great bull run

Coinbase is leading in price and has a premium of $10 even above South Korea, a very first, suggesting something has very much changed in the past few days.

That something may be those great people of the land of the free. They are flocking in unseen numbers with all indirect indications at all time highs, including Coinbase gaining top...

Read the full article @ TrustNodes