WISDOM

News

HOME / DAILY NEWS

DAILY NEWS

Read the most important financial stories impacting investors today.

Bitcoin Solidifies Position As “King” Of Cryptocurrencies

Published on 12 October 2017

Bitcoin has risen from US$4,500 on Monday to a near record high of US$4,834 today, and it now accounts for 52% of total cryptocurrency market capitalisation – up from a low of 38% seen in June, according to Bloomberg.

“There has been a rotation of money out of the lower-quality names and into bitcoin,” Ronnie Moas of Standpoint Research commented.

Read the original story here.

WORD OF THE DAY

Private Equity

WHAT DOES IT MEAN?

WEALTH

SIGN UP TODAY!

Receive our exciting daily and weekly wealth alerts

SIGN UP * Your information will be used in accordance with your privacy policy

SIGN UP