Frenzy in the virtual currency world

Digital deal: A data centre supervisor checks on bitcoin mining machines in Pittsburgh. A world awash in cash and ultra-low rates is pushing investors toward cryptocurrencies. ― AP

NEW YORK: The fear of missing out or FOMO remains alive and well in the cryptocurrency world, with lesser-known tokens outperforming again in the wake of recent rallies staged by industry leaders bitcoin and ether.

Cardano has doubled this month, becoming the third-largest digital asset. Binance coin is also up.