A Big Shift Is Underway Among Cryptocurrencies Like Bitcoin, Litecoin, Ethereum, and Ripple
What an incredible year it's been for the cryptocurrency market and investors! All cryptocurrencies combined started the year with an aggregate market cap of $17.7 billion, but they're now (as of Dec. 12) worth $494 billion. That's a return of nearly 2,700%, which is more than some investors might see during their entire lifetimes -- yet it's occurred in less than a year.
The reasons behind the cryptocurrency rally are aplenty, but they, of course, center around bitcoin, the world's most popular cryptocurrency, which currently comprises 59% of the aggregate $494 billion market cap.
Image source: Getty Images.
Source: Fool.com
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