Cryptocurrencies' total market cap soars to B4bn : vimarsana

Cryptocurrencies' total market cap soars to B4bn


Cryptocurrencies' total market cap soars to B4bn
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Digital exchanges enjoy rapid surge
published :
11 Jan 2021 at 04:30
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Cryptocurrencies' total market capitalisation in Thailand soared to nearly 4 billion baht on Friday, or around 6% of the Stock Exchange of Thailand's (SET) 2020 daily average trade, backed by the continuous price surges of bitcoin and other digital currencies.
Bitcoin's euphoric rally endured as it topped 1.24 million baht or US$40,000 on Friday, while ethereum soared, reaching an all-time high of 39,168 baht.
According to data from the Securities and Exchange Commission (SEC), bitcoin's average trading volume surged from 460 million baht during Dec 22-27 to over 553 million during Dec 28-Jan 2.

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