Platinum increased slightly on 1/3, while all other metals dropped in value.
Following the ongoing bitcoin boom, other cryptocurrencies like litecoin, ethereum, and ripple are gaining momentum. Over the past few weeks, ripple has become the second most valuable digital currency, worth about $2.60 with a market cap of over $100 billion. Comparatively, bitcoin is worth about $15,000 with a market cap of over $250 billion. Ripple differentiates from bitcoin in that it’s controlled by one company and is connected to legitimate banks. The San Francisco-based company Ripple initially created 100 billion ripple coins, of which 38 billion are currently circulating.