Total crypto market cap hits new all-time high of $1.13 trillion
Cointelegraph
Published Feb 04, 2021 05:16AM ET
Updated Feb 04, 2021 07:20AM ET
The combined value of all cryptocurrencies broke a new record of close to $1.139 trillion at 8:50 a.m. UTC on Feb. 4 . While long-term analysts often eye Bitcoin's solo chances of eating into gold's total market cap, the combined value of all cryptos together is currently more competitive with the total market cap of silver, at just under $1.5 trillion.
Having broken the $1 trillion milestone early in Jan. 2021, today's crypto market is seeing greater distribution of growth between the top two assets in the game: Bitcoin (BTC) and Ether (ETH). On Jan. 7, the date of the market's $1 trillion breakthrough, Bitcoin dominance clocked in at 69%, versus Ether's 13.5%. By contrast, the most recently updated data from CoinMarketCap this week has Bitcoin dominance at 62.2% versus Ether's share at 15.6%. Bitcoin
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Written By: Cointelegraph
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