Price Analysis, Dec. 12: Bitcoin, Ethereum, Bitcoin Cash, IOTA, Litecoin, Dash.
Bitcoin and the cryptocurrency universe have created numerous records in 2017, almost on a monthly basis. On Jan. 1 this year, the combined market capitalization of cryptocurrencies stood at $17.7 bln. Fast forward to the last month of the year and the market capitalization of all cryptocurrencies is close to hitting half a tln dollars . In another new milestone, Bitcoin futures trading started on Sunday and it has also turned out to be positive for Bitcoin price. Futures trading at a premium to the cash market, showed that traders were in a hurry to own a position in the hottest asset class of the year. As a result, Bitcoin hit a new lifetime high yesterday. The interesting point to note in the past few days has been that the altcoins have also started to make their presence felt. One such digital currency is IOTA . It has maintained its standing among the top 5 cryptocurrencies based on market capitalization and our readers...