Cryptocurrency market cap hits record $2 trn; bitcoin's at $1.1 trn

The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio

Cryptocurrency market cap hits record $2 trn; bitcoin's at $1.1 trn
Reuters NEW YORK
1 min read Last Updated : Apr 06 2021 | 1:16 AM IST

NEW YORK (Reuters) - The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors.

At midday, the market cap was at $2.02 trillion. Bitcoin was last up 1.4% at $59,025, with a market cap of $1.1 trillion.

 

(Reporting by Gertrude Chavez-Dreyfuss)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Bitcoincryptocurrency

First Published: Apr 06 2021 | 1:13 AM IST

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