Browsing: market cap
Bitcoin suffers one of its most considerable losses in history, however, the current Market Correction is not the greatest in percentage terms, but it is one of the most significant drops in the currency’s history.
Cryptocurrency Market Cap surpasses $3 Trillion for the first time. The market capitalization of all cryptocurrencies increased more than 380% during 2021. A year ago the whole market capitalization of cryptocurrencies was the size of Ether.
Shiba Inu beats Dogecoin and, with this feat, becomes the 9th largest cryptocurrency by Market Value while Dogecoin ranks in 10th place. Both cryptocurrency prices are influenced by social media and Public Celebrities alike.
Kaiko indicated that 85% of Stablecoin Transactions are made with Tether and 70% of bitcoin transactions are executed using Tether. Tether’s capitalization places it on par with the top 50 banks in the US.
The Cryptocurrency Market suffers because the Chinese real estate company Evergrande accumulated a debt of more than USD 300,000 million. The market capitalization of cryptocurrencies fell from US$2 Trillion on Monday.
Bitcoin and Ethereum on the brink of surpassing silver in total market value
Bitcoin has added $3,000 since yesterday’s low and has overtaken $50k. Ethereum’s 6% increase has driven ETH to nearly $1,700.