Cryptocurrencies’ total value hits record high

The cumulative value of all cryptocurrencies peaked at about $ 184 billion on Wednesday, according to the Coinmarketcap industry website, making their market value reported roughly the same as that of Goldman Sachs and Morgan Stanley together.

The new peak came when the largest and best-known cryptocurrency, bitcoin, hit a record high of over $ 6,500. This took its own "market capitalization" – its price multiplied by the number of coins that went into circulation – to a record high of nearly $ 110 billion.

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