tldr; The cryptocurrency market saw a rapid surge, adding $70 billion to its market capitalization in under 30 minutes on October 1. The total market cap rose from $3.87 trillion to $3.94 trillion between 10:25 AM and 10:55 AM CET, and later hovered around $3.95 trillion. This marks a $100 billion increase since the previous day. Privacy coin Zcash (ZEC) was among the top gainers, climbing from the 72nd to the 65th largest crypto with a 40% daily increase.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
7 Kommentare
… of which $50 are mine 😎
tldr; The cryptocurrency market saw a rapid surge, adding $70 billion to its market capitalization in under 30 minutes on October 1. The total market cap rose from $3.87 trillion to $3.94 trillion between 10:25 AM and 10:55 AM CET, and later hovered around $3.95 trillion. This marks a $100 billion increase since the previous day. Privacy coin Zcash (ZEC) was among the top gainers, climbing from the 72nd to the 65th largest crypto with a 40% daily increase.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
$75 here. I’m doing my part.
https://i.redd.it/vqbo86t8ljsf1.gif
This is crazy but I hope it continues. Maybe there is hope for an alt season after all.
$70 billion added to the market cap =/= $70 billion in purchased crypto.
The headline makes it sound like people simply deposited $70 billion into crypto wallets.
$69bn of which is mine. You’re welcome.