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Home Bitcoin

Capitalization of all cryptocurrencies exceeded $ 2 trillion

Bitcoin accounts for more than half

The total capitalization of all cryptocurrencies has reached $ 2 trillion. This was announced yesterday by CoinGecko and Blockfolio. At the same time, the capitalization of Bitcoin alone is about $ 1.1 trillion. 

cryptocurrencies
cryptocurrencies

Capitalization of all cryptocurrencies exceeded $ 2 trillion

The cryptocurrency market as a whole has doubled in just a couple of months. Back in early February, its capitalization exceeded $ 1 trillion. This jump is due to the rapid growth of both Bitcoin and the market as a whole. In addition, in the past few months, it has seen a boom in NFT projects, which also attract huge funds.  

It can also be noted that the total capitalization of the five largest cryptocurrencies after Bitcoin – Ethereum, Binance Coin, Polkadot, Tether, and Cardano – exceeds $ 420 billion.  

And one cannot fail to mention that the entire cryptocurrency has already reached 20% of the gold capitalization.  

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