Crypto market grows by $13 billion as bitcoin breaks the $10,000 threshold

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Melvin

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Bitcoin jumped 6% on thursday causing a $13 billion surge in market value for the entire cryptocurrency market,according to data from Coindesk.The entire cryptocurrency market is worth a combined $267 billion as of friday morning,May 8,2020,data from CoinMarket Cap. shows, the top three cryptocurrencies ranked by market value are bitcoin, worth $181.5 billion ; ethereum, worth $23.4 billion; and XRP, worth $9.5 billion.Bitcoin's Thursday jump only adds to its recent gains.The cryptocurrency has rallied 102% from its March 16 low of $4,944 to $10,025 on Thursday night, representing the first time bitcoin eclipsed of $10,000 since mid-february.
 
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