Crypto recaptures $1 trillion market cap: BTC hits $22K, ETH 'giga mooning'

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Hello again, $1T crypto market cap. We've missed you.

) enjoyed a double-digit “giga pump” to kiss the $1,500 mark. Their combined efforts have culminated in a 4.8% pump to the entire crypto market, lifting it to a recent high of $1.02 trillion.— Cointelegraph Bitcoin reclaimed the meme-worthy target of $420 billion in market cap, while Ethereum is sitting pretty at a total market cap of $180 billion, having added more than $20 billion in the past 24 hours.

The trillion dollar mark was welcome news to crypto advocates on Twitter. They were quick to celebrate the momentous milestone, while some, such as DonAlt, queried whether the new price levels could indicate a bullish reversal:At what price level would a new bull market be confirmed for you guysIndeed, the beaten-down market is eager to bask in bullish news, given that the fear and greed index has sat at “extreme fear” or “fear” for months on end.

 

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I guess we'll enjoy it while it lasts.🥲

$ETH We love to see it

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