Total Cryptocurrency Market Cap Crosses $1 Trillion as Bitcoin Breaks the $37,000 Milestone


For the first time ever, the total value of all cryptocurrencies has crossed $1 trillion.

At the same time, Bitcoin hit new record highs of above $37, 000 as the crypto market continues to surge.

The trillion-dollar capitalization has seen the entire altcoin market surge largely being driven by the gravitational pull of Bitcoin and Ethereum.


SEE ALSO: More than 1 Million Bitcoins Became Unavailable in the Course of 2020 with Only 4.2 Million Now in Circulation (22%)


Below are the stats so far with the new record highs:

  • Bitcoin is up more than 25% in 2021 so far
  • 1% of all money is now held in Bitcoin
  • Bitcoin rose more than 50% in December 2020 alone
  • Price of Bitcoin surges more than 100% since November 2020 so far
  • Bitcoin rose more than 300% in 2020 alone
  • More than 136,000 Bitcoin on Ethereum are now worth $4.9 billion, a new all-time high
  • More than 4% of the total market cap of Ethereum is in Bitcoin
  • Tether (USDT) supply grows by 10% in 2021
  • USDC grows by double digit to the current $4.3 billion

The recent political events in the United States and the continued adoption of cryptocurrencies by institutional investors is driving this massive surge in bitcoin.


RECOMMENDED READINGThe Total Cryptocurrency Market Cap Grew By More than 3.3x in 2020 Alone, Latest Report Shows


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