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The moods among the crypto-currencies market participants were generally negative for most of July. As the month progressed, however, the support of digital currencies grew.
Crypto-currencies launched this year with a market capitalization of just 17.68 billion dollars. It reached the highest value of 116.28 billion dollars. Apparently, digital currencies are now pointing to their maximum value.
For the first time, the market capitalization of crypto-currencies has passed the psychological limit of $100 billion in mid-June. This was mainly caused by the positive news about the bitcoin and the ethereum.
Interesting is the fact that the share of the bitcoin from the total market capitalization of the crypto-currencies fell from 90% to less than 50%. At the beginning of the year, the bitcoin accounted for 87.33% of the total market capitalization, while that of the eterum was only 3.98%.
The market capitalization of the ripple was only 1.32%. For comparison, to date, the ethereum constitutes 30% of the total market capitalization, while the ripple - 11.1%.
In mid-June, when the bitcoin was traded at $2,500, its market capitalization momentarily reached the lowest value of 37.1% of the total of the digital currencies.
In absolute terms, the market capitalization of the bitcoin was $45.2 billion, that of the ethereum was 20.95 billion, and the ripple's was $7.37 billion. The lightcoin has a market capitalization of 2.3 billion dollars.
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