The crypto market capital surpassed a key milestone of $1.2 trillion with the current bull run
Highlights
- The total crypto market cap surpassed the $1.2 trillion mark for the first time in 10 months.
- Bitcoin (BTC), ethereum (ETH) and Cardano (ADA) have risen from the ashes of the collapse in mid-March.
- According to CMC data, the crypto market capitalization plunged to as low as $780 billion in November last year.
- The Bahamas-based cryptocurrency exchange, FTX, collapsed, causing a market-wide FUD among investors.
- The most recent bull run is now worth $0.40 per cent, a fraction of the total market cap of $1,800 billion, CMC says.
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