Crypto Market Cap Rebounds at $1 Trillion

by in Cryptocurrency News

crypto market cap

In the last 24 hours, the overall cryptocurrency market cap increased by around 0.4%, reclaiming $1 trillion. This indicator set a record high in the fourth quarter of the last year, hitting $3 trillion.

Related: Crypto Company Voyager Asks Judge to Honor Withdrawals

Currently, Bitcoin trades at around $21,700 with a market cap of over $416 bln. Ether's price grew by over 41% in the last 7 days hitting $1,500.

The market cap of the second largest crypto is above $184 bln. Recently, Ethereum developers announced the possible launch date of the merge, which is one of the reasons for the price growth.

Other big gainers of the week are Polygon's MATIC (55.9%), Ethereum Classic (77.6%), Aave's AAVE (39.6%), and others.