Total Cryptocurrency Market Cap Overtakes $1 Trillion Level for First Time

[MUGNIA]

The total cryptocurrency market capitalization has hit a record-breaking $1 trillion for the first time since its inception.

The journey to this benchmark was led mostly by the market’s top cryptocurrency, Bitcoin (BTC), as institutional and retail investors continue to flock in droves.

Interest in from governments was also a factor in reaching this milestone as central banks across the world started to seriously explore using blockchain technology for digital versions of their nations’ currencies.

The cryptocurrency industry is establishing itself as a viable alternative investment by providing a technical framework for the future of money. This is happening at a time when many traditional assets and strategies are still suffering from the effects of the COVID-19 pandemic.

more : https://beincrypto.com/cryptocurrency-market-cap-overtakes-1-trillion-level/

from the article above
is Cryptocurrency establishing itself as a sound alternative investment, despite regulatory issues.

[TomPluz]

I am sure that the whole cryptocurrency industry, its supporters, holders and enthusiasts are all rejoicing at this great news. Though the market cap is still relatively so small compared to real gold, stocks, commodities, etc, we know for sure that this is actually just the tip of the iceberg. The Pandora box has already opened for Bitcoin and cryptocurrency in general. Let's just hope that no bad news will occur that can put a screeching halt to this continuing growth.

[labonikhatun]

This is good news for crypto and traders have become very profitable with the development of the crypto industry various companies are joining Crypto to push the market cup of crypto higher and the demand for crypto is doubling from gold. Cryptocurrencies will hit more in the coming days.

[KKH84]

This is the moment crypto holders have been waiting for, especially Bitcoin, which has surpassed its ATH.  My personal hope is that this can last quite a while even though the decline is inevitable, but there will always be potentials that will keep investors, traders and holders from being hit by the storm.

[Lorix]

Bitcoin prices have risen. So the total amount of assets in the cryptocurrency market has increased. The amount of total assets has increased so much that Bitcoin has reached trillions of dollars. Bitcoin is in the top ten in the current economy. Will improve further in the future.

[shiming]

As the price of Bitcoin has risen, the cryptocurrency market has grown rapidly. I think it will become more and more influential. Because more and more people like this industry.

[naitik01]

Total Cryptocurrency Market Cap Overtakes $ 1 Trillion Level for First Time. This is good news for the cryptocurrency world, this will make the crypto world even stronger.

[krypto4uvak]

Total Cryptocurrency Market Cap Overtakes $ 1 Trillion Level for First Time. This is good news for the cryptocurrency world, this will make the crypto world even stronger.

You're right dude. This news will really attract more people to the cryptoindustry, and then, accordingly, everyone will start buying bitcoin and the price will certainly begin to grow rapidly.