Markets Update: Digital Currency Economy Surpasses $300 Billio | Beyond the Moon

Markets Update: Digital Currency Economy Surpasses $300 Billion

Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion.

Six days ago news.Bitcoin.com reported on the surge that took place after a majority of cryptocurrency prices pulled back the week prior. This Friday, just before the weekend, on June 21 digital currency prices have spiked considerably and the entire market valuation of the 2000+ coins in existence has gained more than $25 billion. During the early morning trading sessions on Friday, BTC’s fiat value touched a high of $9,921 on Bitstamp but has since retreated to prices between $9,700 and $9,875.

At the time of writing 1 BTC is trading for $9,860 per coin and the market is up today by 5.6%. This is followed by ethereum (ETH) markets which are up 6.7% today and each ETH is swapping for $286. Ripple (XRP) is only up 3.5% and each XRP unit is trading for $0.44. Lastly, the fourth market cap position still belongs to litecoin (LTC) which has gained 2.4% today and is trading for $137 per LTC.