Daily Management Review

Cryptocurrency market cap exceeds one trillion dollars for the first time


The combined market cap of all cryptocurrencies has surpassed $1 trillion for the first time, CoinMarketCap reports.

According to CoinMarketCap, cryptocurrency market capitalisation had risen to $1.051 trillion.

Bitcoin's value jumped in late December. The coin broke the record of $20,042 then and has been steadily going up. 

In January 2021, the bullish trend continued: during the first two days of January, Bitcoin reached several marks and grew from $30,000 to $34,000.

source: coinmarketcap.com