Cryptocurrencies' market cap hits record $200B as bitcoin soars

Cryptocurrencies’ market cap hits record $200B as bitcoin soars

If the cryptocurrency market were a company, its valuation would put it in the top 25 firms on the S&P 500 stock index. U.S. business schools are beefing up training in the software that underlies digital currency The aggregate value of all cryptocurrencies hit a record high of over $200 billion, according to industry website Coinmarketcap, putting their reported market value at more than that of U.S. banking giant Citigroup. The new record came as the biggest and best-known cryptocurrency, bitcoin, hit a record high of $7,500 on the Luxembourg-based Bitstamp exchange, after a more than tenfold increase in […]