Crypto market capitalization hit a new historic high

[Switchere_official]

Digital money industry valuation exceeds $1.175 trillion for the first time amid rising bitcoin and other coins.

On Friday, February 5, the total capitalization of the crypto market reached an all-time high of more than $1.175 trillion, with total daily trading volumes reaching $160 billion. This came on the back of the rise in the value of bitcoin and other cryptocurrencies.

Over the past week, the main digital coin gained 13%, Ethereum gained 24%, and Polkadot gained 20%. At its peak, bitcoin’s capitalization exceeded $700 billion and ETH was $190 billion.

Earlier payment giant Visa announced the release of its own system (API) for the purchase of cryptocurrencies, which will be integrated by banks. The launch of the product is scheduled for the end of this year. The first user of the service will be a digital bank First Boulevard.

Source: https://medium.com/switchere-news/crypto-market-capitalization-hit-a-new-historic-high-35af88dee4ca [nofollow]

[edited to include source]

[Mexite]

The continuous growth in the total market capitalization of crypto tells the story that cryptocurrency is gaining more attention, their is influx of money even from traditional institutions. With the continuous rise of DeFi, we can hope to see more growth in the sector.

[Ferki]

Digital money industry valuation exceeds $1.175 trillion for the first time amid rising bitcoin and other coins.

On Friday, February 5, the total capitalization of the crypto market reached an all-time high of more than $1.175 trillion, with total daily trading volumes reaching $160 billion. This came on the back of the rise in the value of bitcoin and other cryptocurrencies.

Over the past week, the main digital coin gained 13%, Ethereum gained 24%, and Polkadot gained 20%. At its peak, bitcoin’s capitalization exceeded $700 billion and ETH was $190 billion.

Earlier payment giant Visa announced the release of its own system (API) for the purchase of cryptocurrencies, which will be integrated by banks. The launch of the product is scheduled for the end of this year. The first user of the service will be a digital bank First Boulevard.

Nice.
Are you Roman Rašimas ? If not you need to post source if you don't want to be accused of plagiarism.
Source: https://medium.com/switchere-news/crypto-market-capitalization-hit-a-new-historic-high-35af88dee4ca

[bigcash2011]

How high do you think market cap will hit as its peak value this time around, im expecting around 3 to 5 trillion which be great because it will put crypto market among the top financial markets.

[pelana vreo]

Giants payment like Visa are already seeing the business opportunities that exist within crypto, this will increase the crypto market cap to reach $2 trillion.
I can't wait for the release of the API from the VISA Payment platform, maybe they will charge free for sending Bitcoin as Paypal has done for Bitcoin users on their platform.