The total market capitalization for all cryptocurrencies has climbed to the highest level since June, helped by bitcoin’s massive 70% rally to begin the year.
The rise in overall crypto wealth stands out because it coincides with the industry facing one of the strongest crackdowns in its history. Despite that bleak regulatory outlook, the market cap for digital assets has risen to $1.19 trillion, according to data fromBitcoin’s share of the overall market has risen amid the surge. Its so-called dominance hit a
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