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homerun token
Home Cryptocurrencies

Crypto market cap rises to record USD 2 trillion, Bitcoin at USD 1.1 trillion

Bishop eL by Bishop eL
1 year ago
in Cryptocurrencies
Reading Time: 1 min read
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The capitalization of cryptocurrency markets has reached an all-time peak of USD 2 trillion, with Reuters quoting CoinGecko and Blockfolio data and market trackers.

Crypto currency background with various of shiny silver and golden physical cryptocurrencies symbol coins, Bitcoin, Ethereum, Litecoin, zcash, ripple.

The rise was driven by Bitcoin, a market leading player of 1 trillion USD for a week on 5 April 2021. Last year, Bitcoin was 1.4% up at 59.045 dollars. Analysts said that Bitcoin would maintain its USD 1 trillion market cap, if it stays above USD 53,000.

In terms of its market cap, Ethereum, the second largest cryptocurrency, was 1.3% up on USD 2.103. On 5 April 2021, its market cap amounted to USD 244 billion. On 2 April 2021 it reached a record level of USD 2,144.99.

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Bitcoin grew by over 100% in 2021, while that of Ethereum grew by almost 190%. Both have outpaced traditional asset classes that are supported by the entry into the cryptocurrency world of major companies and major investors, such as Tesla and BNY Mellon.

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