Cryptocurrency Mania Goes Beyond Bitcoin
- Market value of digital currencies jumps 50 percent in a week
- Ethereum, litecoin, zcash join bitcoin in dramatic rise
QuickTake: Bitcoin and the Blockchain
This article is for subscribers only.
Think bitcoin’s surge of more than 30 percent in the last week is impressive? Check out what some of its cousins are up to.
The market capitalization of digital currencies has soared over 50 percent to more than $90 billion in the past seven days as the frenzy around cryptocurrencies reaches a fever pitch. Demand is swelling as more companies embrace the technology backing the method of exchange and some investors see it as a haven from political uncertainty across the globe.