Crypto Market Cap Pushes Past $2T as Major Cryptos Surge

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Bitcoin now has a higher market cap than the russian ruble thanks to the recent rally as the total market cap for cryptos crosses $2 trillion. By thesamreynolds

previously said that capital controls in Russia are a factor in this rapid appreciation.

"Capital controls without demand don't make an impact on price. Capital controls mean price will deviate to one side or the other depending or where the demand is," Trader and analyst Alex Kruger told CoinDesk in a prior interview.during the last week, and is now trading at approximately $94. Solana's SOL and other layer 1 tokens like Avalanche's AVAX and Polkadot's DOT also responded favorably to the market. SOL gained 18.5% this week, while AVAX was up approximately 16% and DOT nearly 13%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

thesamreynolds It's good for people who bought BTC recently because it's going up. Nice to see more profits on Finex with btc growth

thesamreynolds More thanks to the tanking of the Russian ruble than to the Bitcoin rally… there’s a war going on, you know? Crypto journalism…. Seriously 🤨🙄

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure – Market Updates Bitcoin NewsOn Monday, LUNA rose for its 8th session in nine days, as its value increased by close to 60% over the last week.
Source: BTCTN - 🏆 531. / 51 Read more »

Crypto Markets Add $200 Billion as Bitcoin-Ruble Trading Volume Soars Post Sanctions (Market Watch)The crypto market capitalization is up by almost $400 billion in several days while reports indicate that Russians have turned to Bitcoin. EN: Each of you can help the Ukrainian army with the help of the LumiGhost token. ES:Cada uno de ustedes puede ayudar al ejército ucraniano con la ayuda del token LumiGhost. UA: Кожен з вас може допомогти Українській армії за допомогою токену LumiGhost.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto market gained $200B in the last 12 hoursThe global cryptocurrency market cap recovered above US$2 trillion since dropping below the mark in mid-February, in a US$200 billion 12-hour run. See related article: Bitcoin, crypto market tank as Putin declares war on Ukraine Fast facts Bitcoin’s price jumped over US$2,000 in a 10-minute...
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

South Korean crypto market grows to $45.9B in 2021 despite strict regulationsIt’s more regulations, no problems for crypto in South Korea. The South Korean crypto market grew to $45.9 billion by the end of 2021 despite growing regulatory scrutiny.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Crypto investment funds attract $36M in capital despite market turmoilHas the market bottomed? Crypto investment funds continue to attract capital despite geopolitical tensions. $ALTB will skyrocket this week, it is certain alongside with Bitcoin Already bought the dips from AltbaseApp DYOR : | AltbaseApp BSC BNB Russian Oligarchs Cryptomania2019 FOMO is real, its on a global level now
Source: Cointelegraph - 🏆 562. / 51 Read more »