Cointelegraph
Published Oct 06, 2021 01:46PM ET
Updated Oct 07, 2021 03:20PM ET
Bitcoin (BTC) skyrocketed above the $1 trillion market capitalization on Oct. 6, pulling the total crypto market capitalization close to $2.3 trillion. This marks a complete 100% recovery from the June 22 lows when the total crypto market capitalization had plunged to about $1.15 trillion.
According to Chainalysis, the Central and Southern Asia and Oceania region saw a massive increase of 706% in crypto transactions between July 2020 and June 2021. The total transaction value was $572.5 billion, accounting for 14% of the global transaction value.
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Written By: Cointelegraph
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