The global cryptocurrency capital exceeds $2.5 trillion, a historic high

The global cryptocurrency capital exceeds $2.5 trillion, a historic high
The global cryptocurrency capital exceeds $2.5 trillion, a historic high

The market capitalization of digital currencies has recorded a combined value of more than 2.5 trillion dollars, according to the “Coin MarketCap” website, which specializes in monitoring the cryptocurrency market, exceeding the value of the global companies “Apple” and “Microsoft”..

This unprecedented rise comes after the “Bittoken”, the most valuable digital currency in the world, recorded a price of more than 65,000 dollars on global stock exchanges, recovering from the brief period of decline that occurred over the past months..

With this market capitalization, the combined value of the cryptocurrency market (Bitcoin, Ethereum, Cardano and Binance Coin) exceeds the market value of Apple (estimated at $2.39 trillion) and the market value of Microsoft’s capital, which amounted to $2.28 trillion..

At the beginning of this year, the value of the cryptocurrency market was nearly $830 billion. With this historical increase, the value of this market recorded a basic growth of 233 percent.

Despite the reluctance of some countries such as China, Russia and others to adopt cryptocurrency trading, this market is recording a significant expansion globally..

Earlier this month, Elon Musk, the Canadian-born businessman, owner of Tesla Motors and founder of SpaceX, confirmed that the spread of the cryptocurrency market has become inevitable and has become inevitable..

Over the past 12 months, up to June 2021, the cryptocurrency market increased by 706%, amounting to $572.5 billion in Central and South Asia and the Pacific, according to market research issued by China Analytics, a Chinese market research company..

 
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