Bitcoin breaks $4,700, Ethereum back over $360

The cryptocurrency market is now valued at $164 billion, with $20 billion added to its capitalization in less than two weeks. That is in no small part thanks to the rise of Bitcoin and Ethereum, which have posted strong gains since our last coverage. The most interesting development comes from Ethereum, which has stagnated recently around the $300 mark. It is slowly but surely regaining its strength, as, today, it traded for over $360 for the first time since June 21, rising its market cap to over $34 billion. However, the second most valuable player in this market is still… [Continue Reading]