According to data provided by crypto analytics platform CoinGecko, the global cryptocurrency market capitalization has surpassed the $1 trillion mark after adding an impressive 5% over the past 24 hours.
It has managed to top the aforementioned mark for the first time since Oct. 5.
As reported by U.Today, Bitcoin managed to top the $20,000 mark for the first time since early October.
In the meantime, Ethereum, the second-largest cryptocurrency, briefly touched the $1,500 mark for the first time in more than a month.
The total crypto market is still down significantly from the all-time peak of $3.08 trillion that was recorded last November.
Bitcoin topped the $1 trillion mark for the first time on Feb. 19, 2021. The entire crypto market surged above that mark on Jan. 7, 2021, for the first time.
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.
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