Cryptocurrency Market Cap Increased Over $300B in Two Weeks
  • Cryptocurrency Market Capitalization has spiked over $300 billion in two weeks.
  • The market has increased more than 2x this year.
  • has outranked Alibaba (NYSE:), Tencent, Tesla (NASDAQ:), and Facebook (NASDAQ:).

Crypto analyst Lark Davis mentioned in a Tweet that cryptocurrency Market Capitalization had spiked over $300 billion in two weeks.

According to CoinMarketCap, the total crypto market capitalization is $2.272 trillion at the time of writing. The below chart shows the market capitalization has spiked over $300 billion from $1.9 trillion in the last 14 days.

CoinMarketCap)

Moreover, the cryptocurrency market has increased more than 2x this year. Notably, Bitcoin makes up more than half of the crypto market cap and has traditionally led the market. Also, it remains as the most significant cryptocurrency by value.

Due to a trillion-dollar market cap, Bitcoin has outranked Alibaba, Tencent, Tesla, and Facebook. More so, the Bitcoin market cap can go beyond Google (NASDAQ:), Amazon (NASDAQ:), and Microsoft (NASDAQ:) soon.

Infinite Market Cap)

Bitcoin is anticipated to be bullish throughout this year. Even more, it remains one of the best cryptocurrencies to invest in 2021, alongside , , , Binance Coin, Polkadot, and VeChain.

This article was first published on coinquora.com

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

×