Bloomberg has finally added Ethereum (ETH), the world’s second largest cryptocurrency by market cap, to its benchmark price tracker along with two other altcoins Litecoin (LTC) and Ripple (XRP). When news broke of this, XRP’s price skyrocketed over 300 percent, in just 72 hours time.
This week, altcoins have been coming to life as of several weeks of investors primarily focusing on just Bitcoin.
ETH far surpassed analysts short-term projections and is selling at press-time around the $700 mark. Litecoin has had quite a week growing 135 percent and is currently selling above the $300 mark.
Adding to the altcoin gains, DASH almost reached around the $1,000 price before selling around the $900 mark.
Markets are set to see investors fluctuating in and out of Bitcoin, as CME’s futures roll out this Sunday and as cryptocurrency gains more widespread media attention.