Crypto Markets Hit $3T Combined Market Cap for 1st Time

The previous record was $2.62 trillion set October 20th, today we see a combined market cap of $3 trillion

Crypto markets tag $3T combined market cap for first time

“With Bitcoin (BTC) trading within 2% of its all-time high and Ether (ETH), Solana (SOL) and Polkadot (DOT) pushing into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market capitalization has broken above $3 trillion for the first time.

According to CoinGecko, the total crypto market cap broke into new highs above its previous record of $2.62 trillion on Oct. 20 and has increased by a further 14.5% in less than three weeks.

The combined crypto market cap had previously topped out at a peak of nearly $2.62 trillion on May 12 of this year, before bouncing off a local low of $1.24 trillion on July 20. The previous bull cycle saw the total digital asset capitalization post a high of $848.6 billion on Jan. 6, 2018.”

https://cointelegraph.com/news/crypto-markets-tag-3t-combined-market-cap-for-first-time

 

Master Asked on November 8, 2021 in Cryptocurrency.
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