Can Cryptocurrency Become A Trillion Dollar Market at Breaking News

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Can Cryptocurrency Become A Trillion Dollar Market, According to the latest data published by coinmarketcap, the world’s largest cryptocurrency bitcoin now has a market cap of more than $1.1 trillion. Bitcoin and its ilk are now worth $107 billion, six times their value at the beginning of the year. To put that in context, the market briefly hit $3 trillion on nov.

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However, a bear market kicked that ensued saw a significant drop in the market cap. Its either the beginning of a global financial realignmentor a bubble of historic proportions. On jan 6 2021, the total crypto market capitalisation passed $1 trillion, (yes, trillion), for the very first time since the introduction of the first cryptocurrency back in 2009.

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At its prior peak in late 2017, the market's total. Investors have rewarded amd's terrific growth with huge stock market gains, with the tech company's market capitalization jumping 2,100% in the past five years to nearly $136 billion as of this. A professor at cornell university in new york state has given his views on what it would take for the total combined crypto market cap to surpass $1 trillion. The road to this milestone achievement was on the horizon for some time. Bitcoin and its ilk are now worth $107 billion, six times their value at the beginning of the year.