Total market capitalization of cryptocurrencies for the first time in history exceeded $30 billion Experts explain this by the fact that since the beginning of the year, investors began to actively invest in this tool
As reported by MarketWatch, citing the website Coin Market Cap, which tracks the cryptocurrency market, its total market capitalization exceeded $30 billion, thereby setting a new historical maximum.

First place in the list are bitcoins, the total cost of which is estimated at $20 billion, followed by Ethereum, RIPL and litecoin. Just a list of Coin Market Cap 806 cryptocurrency, most of which exist in minimal amounts.

According to Charles Hayter, the founder of the company CryptoCompare providing analysis on the cryptocurrency market, market capitalisation is explained by the fact that at the beginning of the year, many investors began to invest in it, considering bitcoin and other surrogates a more reliable opportunity to save their money than, say, stocks.

At the end of last year bitcoin has become one of the most profitable assets among currencies, strengthening against the dollar by more than 75%. This is four times more than the Russian ruble and the Brazilian real, which was the most profitable currency among traditional currencies.

As noted last year by Bloomberg, with the increase in the number of using bitcoins is growing and the number of companies that accept bitcoin as a payment method, says Bloomberg. In July—September last year, was opened more than 1,1 million e-wallets for bitcoins. Large companies, including IBM, Wal-Mart and mining BHP Billiton, began to test the database developed based on blockchain technology.  kondrat53 in bitcoin