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Crypto market cap hits new all-time high as BTC, ETH soar
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The total market capitalization of all cryptocurrencies rose to new all-time highs on Wednesday, capping off a dramatic months-long recovery that reaffirmed the bullish narrative for Bitcoin (BTC) and Ether (ETH).
The crypto market cap — an important barometer for the overall health of the digital asset economy — reached a high above $2.63 trillion on Wednesday, according to Cointelegraph Markets Pro. That represents a gain of 5.9% over the previous 24 hours.
A buying frenzy in the market lifted Bitcoin to new record highs, as the flagship cryptocurrency touched an intraday peak of $67,016.50. Ether, meanwhile, crossed the $4,000 mark for only the second time since May. With the exception of stablecoins, every cryptocurrency in the top-ten
Read more on cointelegraph.comAbout this in other media
Did the Crypto Market Just Hit 3 Trillion? It Depends on Whom You Ask cryptonews.com /3 years ago
Crypto markets tag $3T combined market cap for first time cointelegraph.com /3 years ago
Should Ethereum’s flexibility be valued more than its market cap ambcrypto.com /3 years ago
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