Bitcoin Vs Dollar Rate: The crypto market cap hitting $2 million was mostly led by bitcoin The cryptocurrency market capitalization achieved an all-time high peak of $2 trillion on Monday, April 5, as gains over the last few months attracted demand from both institutional as well as retail investors. According to data and market trackers CoinGecko and Blockfolio, the crypto market cap touched a peak of $2.02 trillion by mid-afternoon. The surge in market cap was led by the world s biggest virtual currency - bitcoin, which touched its own milestone of $1.1 trillion, sustaining its market cap at $1 trillion for one week.
Cryptocurrency Market Cap Hits $2 Trillion: All You Need To Know
Bitcoin Vs Dollar Rate: Bitcoin was last down 9.84 per cent at $47,930.3 in choppy trading
Bitcoin slumped as much as 17 per cent to $45,000 on Tuesday, February 23, amid concerns from investors over the cryptocurrency s sky-high valuations, triggering the liquidation of leveraged bets. The world s most popular cryptocurrency faced its biggest daily drop in a month, as it lost steam and fell to the $45,000 mark. Bitcoin was last down 9.84 per cent at $47,930.3 in choppy trading. The massive drop in prices took its losses to over a fifth from a record high of $58,354 hit on Sunday, February 21, and underscored the volatility of the emerging asset. However, the cryptocurrency is still up around 60 per cent this year. (
Bitcoin Vs Dollar Rate: Bitcoin was last up up 8.75 per cent at $57,107.2. Cryptocurrency bitcoin hit a market capitalization of $1 trillion as it surged to achieve yet another record high of $56,399.99 on Friday, February 19, continuing its bull stint fuelled by gaining further acceptance from mainstream investors and corporate majors. The world s most popular cryptocurrency surged to an all-time high, crossing the $57,000 mark on Saturday, posting a weekly gain of 18 per cent. It has surged nearly 70 per cent so far this month and was last up 8.75 per cent at $57,107.2. The digital currency countered analyst warnings that it is an economic side show and a poor hedge against a fall in stock prices.