Crypto Market Doesn't Stop! Market Cap of Cryptos Passed $2.7 Trillion

 According to the latest data, Bitcoin (BTC) hit an all-time high of $69,000 on Wednesday, while the market cap of all cryptocurrencies hit a new record of $2.7 trillion. Here are the details.

Bitcoin has a market cap of around $1.23 trillion.

With the new record of Bitcoin on Wednesday, positive developments were experienced for the majority of cryptocurrencies, while the total value of the entire market exceeded $ 2.7 trillion! The Bitcoin record set in April was surpassed and a new record was set with a closing of $66,976. However, the market value of all cryptocurrencies has exceeded $2.7 trillion in total.

Total market capitalization saw 3x!

Ether (ETH), the native cryptocurrency of the Ethereum network, is also climbing. The cryptocurrency hit a five-month high above $4,200 early Thursday. The industry's total market capitalization was $770 billion at the beginning of the year and has now more than tripled.

Ethereum (ETH) made much more profit than Bitcoin.

Despite Bitcoin's record prices, Ethereum has managed to earn much more than Bitcoin since the beginning of the year. Ethereum's rise is around 1000%, while Bitcoin's rise is around 400%. Ethereum's market capitalization is $493 billion, second only to Bitcoin.

It also surpassed Apple shares.

The crypto market cap has also surpassed the $2.5 trillion valuations of the shares of Apple, the world's largest publicly-traded company.

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