Not only Bitcoin is skyrocketing on crypto market. Ethereum, Litecoin and Ripple are soaring since Bloomberg added those three altcoins to its price-tracking Terminal.
Any new heights?
ETH surpassed $750 for the first time. LTC went above $300. And XRP increased almost 300% in 3 days.
What can we learn from it
- Inspired by the Bitcoin surge, investors became more open-minded to look into other currencies. Especially when they cost so much less.
- The growth might not be just for Bloomberg, but that definitely helps professional investors to track their assets.