What some say is behind crypto record rally to $3 trillion as Ether surges

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The total cryptocurrency market tops $3 trillion Monday, for the first time, according to data from CoinGecko. Market capitalization of the crypto market has...

The total cryptocurrency market topped $3 trillion Monday, for the first time, according to data from CoinGecko. Market capitalization of the crypto market has gained more than 280% since the start of this year.

Read: A major crypto exchange’s CEO is set on holding Shiba Inu crypto long term despite its recent tumble. Here’s why More than 860,000 ether has left centralized crypto exchanges since Oct. 1, according to data analytics firm IntoTheBlock. Meanwhile, over 8 million ether has been locked in decentralized finance, or DeFi, IntoTheBlock wrote in its Telegram channel.

 

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If only I could just elaborate.

Whats behind it Greed and stupidity. No different than any other bubble in history and the end result will be the same.

EtherLove 💰

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