Crypto Market Hits $3 Trillion in Value for First Time Amid Bitcoin Comeback
- Date: 08-Nov-2021
- Source: Newsweek
- Sector:Financial Markets
- Country:Middle East
Crypto Market Hits $3 Trillion in Value for First Time Amid Bitcoin Comeback
All of the world's cryptocurrencies combined are worth a total of $3 trillion Monday following recent market growth.
The crypto market value, known as its market cap, is driven largely by Bitcoin, which itself has a market cap of more than $1 trillion and reached an all-time high price in October.
The $3 trillion crypto market valuation is according to CoinGecko, a cryptocurrency price tracking website. It appears to be the first time the $3 trillion point has been reached.
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