System News
Cryptocurrency Market Cap Swells Past $50 Billion
CryptoCoinsNews, May 11th 2017
May 11, 2017,
Volume 231, Issue 2

"The cryptocurrency ecosystem is on a roll, as its total market capitalization has surpassed the $50 billion mark. Cyrptocurrency's market cap hit $53.726 billion today, according to coinmarketcap.com. Most altcoins bounced back after a recent surge ended yesterday, when all but a handful of altcoins with $100 million and more in capitalization suffered losses.

Bitcoin has led the charge, posting steady gains daily and having recently surpassed the $1,800 price point. Bitcoin's price gained 4.82% points in the recent 24-hour period to $1,848.11, and has surpassed $30 billion in capitalization at $30.168 billion..."

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