Bitcoin Market Cap Breaks $1 Trillion As BTC Price Surges Again
Bitcoin neared its all-time high price once again this week and its market cap returned to the major milestone of $1 trillion.The bitcoin price surged this week, reaching the $58,000 level yesterday for the second time in its history. But, even more remarkable than that price high, was the milestone eclipsed once again in its total market capitalization: $1 trillion.The bitcoin market cap is the measure of the total value of all of its supply — the USD price of a single bitcoin multiplied by the total number of bitcoin in existence. With 18,651,861 BTC released and each bitcoin priced at....
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Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....
Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....
The bullish trend in the cryptocurrency market is tolling a remarkable route in the month of August. For the first time since May, the industry is recording a total market cap that is almost $2 trillion. The data from CoinGecko, a crypto data aggregator, indicates that the total crypto market value crosses $1.9 trillion a few days ago. This was after the market hit the mark since May 18. Related Reading | Coinbase Removes USD Coin (USDC)” Backed By Dollar” Statement From July 19, the entire crypto market experienced a considerable surge that pushes the total market value to about $700....
Bitcoin’s market capitalization has crossed the $1 trillion zone after the price per coin surpassed $53,650 per unit. The valuation comes 145 months after the launch of the Bitcoin network on January 3, 2009. ‘The First Trillion Is the Hardest’ The price of bitcoin (BTC) has surpassed the territory needed to have a $1 trillion market capitalization. The valuation is a milestone to many crypto supporters who have rallied for the leading currency for the last decade. For the last two weeks, digital currency advocates discussed BTC’s slow and steady approach toward the....