Crypto market cap hits $3.1T high, may soon surpass France’s GDP

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The total crypto market cap has passed $3.1 trillion, cementing a new all-time high near France’s GDP.

If the crypto market were a country, it would be the eighth-biggest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.Crypto market capitalization has reached a new all-time high of $3.12 trillion — close to surpassing France’s gross domestic product .

If the crypto market were a country, it would be the eighth-largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.Change in the crypto market cap over the last month. Source: CoinGeckoBitcoin price will hit $1M, but at what cost? — Michaël van de Poppe

“We anticipate Bitcoin’s dominance to remain strong, with the current rally primarily centered on Bitcoin and extending toward Ethereum and Solana.”Rachael Lucas, a crypto analyst at BTC Markets, told Cointelegraph that a crypto market rally toward $4 trillion would likely be driven by a “massive surge in altcoins,” thus causing a decline in Bitcoin’s dominance.

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:

 /  🏆 562. in BUSİNESS
 

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

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.

Crypto's $245 million campaign finance operation filled airwaves with ads not about cryptoThe crypto sector emerged as a top donor this election cycle, but the ads it funded weren’t about digital currencies.
Source: NBCLA - 🏆 319. / 59 Read more »