Bitcoin rival Ripple crosses $1, surges 22,900% this year
The price of Bitcoin's rival cryptocurrency Ripple surpassed $1 milestone for the first time to hit a record high of $1.38 on Thursday, surging over 22,900% this year. Ripple is world's fourth largest cryptocurrency with a market capitalisation of over $52 billion. This comes after reports suggested that Coinbase, one of the world's largest cryptocurrency exchanges, would begin trading Ripple.