News

Cryptocurrency market capitalization exceeds $3 trillion for the first time in history

By: Maksim Panasovskyi | 08.11.2021, 21:11

On November 8, amid another rise in the price of digital currencies Bitcoin and Ethereum, market capitalization exceeded the $3 trillion mark for the first time in history.

Just recently we wrote that Ethereum rate renewed its historical maximum. The new record is $4,795.66. The value of Bitcoin successfully stormed $66,000 during the day. It was when BTC traded within 1-2% of the record high and ETH rose to $4,777 for the first time in a day, its market capitalization rose to $3 trillion.

This morning, when the price of the world's main digital currency rose to $66,100, its capitalization was $1.25 trillion, which corresponds to the market capitalization of Tesla. BTC holds 40.4% of the market, while ETH accounts for 18.6%. Other digital currencies account for 41%.

Blockchain and cryptocurrencies

About Site

Sections

Blockchain and cryptocurrencies

Gaming

Most Interesting

ES IT DE PL FR UK

AFFILIATE DISCLOSURE Some posts may contain affiliate links. Gagadget.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

var _merchantSettings=_merchantSettings || []; _merchantSettings.push(['AT', '10lpuJ']); (function(){var autolink=document.createElement('script');autolink.type='text/javascript';autolink.async=true; autolink.src= ('https:' == document.location.protocol) ? 'https://autolinkmaker.itunes.apple.com/js/itunes_autolinkmaker.js' : 'http://autolinkmaker.itunes.apple.com/js/itunes_autolinkmaker.js';var s=document.getElementsByTagName('script')[0];s.parentNode.insertBefore(autolink, s);})();

(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-KDNH3DF');