Crypto market cap has made a great advancement recently. The first time ever it has surpassed Alphabet’s GOOG and GOOGL in terms of market capitalization.
Related: Ethereum Went up to $1800 Due to Institutional Investments
Today the indicator hit $1.413 trillion. At the moment, the market cap of GOOGL and GOOG stands at $1.39 trillion, while the one of crypto $1.404 trillion.The crypto market cap had set a new record in January reaching the $1 trillion mark. Before that, the index had gone up to $815 billion leaving behind Tesla in these terms. On February 8, Tesla announced a 1.5 B investment in Bitcoin.
Now, the total market cap of cryptocurrencies is higher than Amazon's, Microsoft's, and Apple's. Recently, the two largest digital assets reached new all-time highs. BTC reached $48000 and Ether $1800. Currently, bitcoin trades at around $45000 and Eth at $1750.