Total crypto market capitalization hit an all-time high of $3.65 trillion during early trading in Asia on Monday, Dec. 2. It is almost $600 billion higher than the previous peak of just under $3.1 trillion during the 2021 bull market three years ago.
The crypto market is now larger than the market cap of the world’s largest company, Apple, which recently surpassed Nvidia again, As of this November, crypto has now crossed over it’s prior high of $3 trillion total market cap in Nov 2021. “Bitcoin prices have risen ~130% year-to-date and are on track for their 3rd best year over the last decade,” it added.that have been driving gains over the weekend. Ethereum appears to be turning resistance into support, tapping a six-month high of $3,750 on Dec. 2, following a surge of 47% over the past month.as the Ripple cross-border token hit a six-year high of $2.48 on Dec. 2, following a 30% pump.