Overstock.com's CEO May Sell Its Online Retail Business to Focus on Blockchain Projects
While it's true that the stock market is the single greatest creator of wealth over the long term, it hasn't been able to hold a candle to the returns of cryptocurrencies in 2017. Since the year began, the aggregate value of all cryptocurrencies combined has rocketed by nearly 2,700%, hitting a half-trillion dollars in combined market cap earlier this week for the first time ever.
As you might have rightly surmised, bitcoin has played a pretty big role in the ascent of virtual currencies. Being the first tradable digital currency, and the one that merchants are most likely to accept as tender, it's set the pace for the crypto-revolution. It makes up more than 56% of the aggregate virtual currency market cap.
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Source: Fool.com