Bloomberg It Up: Altcoins Hit New Highs

What happened

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.
Source: Cointelegraph

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.

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