Last updated on December 8th, 2022 at 03:14 pm
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.
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.
