The Total Crypto Market Cap Breaks the $2 Trillion Mark After Doubling in Just 3 Months


After only 3 months since it hit $1 trillion, the total crypto market cap has now crossed the $2 trillion mark.

The new milestone now puts the total market cap of the crypto industry to almost the same valuation as Apple, the second-largest company in the world after Saudi Aramco, the oil giant.


SEE ALSOBitcoin is Now the 8th Most Valuable Asset After Taking On Facebook and Just About to Bypass Google


The new milestone comes amidst major catalysts that include:

  • Financial institutional adoption of bitcoin – PayPal, Visa, Tesla
  • Interest in alternative digital assets – DeFi, NFTs
  • Coinbase IPO market sentiment
  • The decline of the US dollar – Dollar global reserves decline as countries pursue a de-dollarization strategy

The new market cap milestone also comes with a few twists:

  • Ether hits a new all-time high
  • Bitcoin dominance drops to below 55%
  • Bitcoin total market cap hits $1.09 trillion
  • BitTorrent moves up to top 10 among top volume cryptos
  • Bitcoin and Ethereum continue to be the dominant market forces accounting for nearly two thirds of the total market cap


RECOMMENDED READINGBitcoin Breaks the $1 Trillion Market Cap Milestone After More than 900% Growth in Less than One Year


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