Cryptocurrencies’ total market cap soars to B4bn

Cryptocurrencies’ total market capitalisation in Thailand soared to nearly 4 billion baht on Friday, or around 6% of the Stock Exchange of Thailand’s (SET) 2020 daily average trade, backed by the continuous price surges of bitcoin and other digital currencies.

Bitcoin’s euphoric rally endured as it topped 1.24 million baht or US$40,000 on Friday, while ethereum soared, reaching an all-time high of 39,168 baht.

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 Bangkok Post Reporter

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Cryptocurrencies’ total market cap soars to B4bn

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