A big part of this is Bitcoin rallying, but also a lot of other cryptocurrencies are up 50-150% this week. Ethereum, the second largest, is up 61%. Stellar notably has jumped up 164%.
The rally appears to have been prompted by regulatory guidance allowing banks to transact in stablecoins, as the biggest winners have been blockchains that participate in that space.
https://www.coindesk.com/cryptocurrency-market-value-record-1-trillion http://coingecko.com/
Submitted January 06, 2021 at 07:39PM by PaulMorphyForPrez https://ift.tt/3hQa6kw
