Along with Bitcoin, activity in many cryptocurrencies continues. This activity could set a new record for the cryptocurrency market.
Will the cryptocurrency market reach $ 1.5 trillion?
The last months of 2020 and the beginning of 2021 were almost a new era for cryptocurrencies. During this period, the increase in value provided a great dynamism in the markets.
As new record news from the cryptocurrency market continues to come, the total volume is approaching $ 1.5 trillion. Bitcoin’s seeing levels of $ 48,000 played a key role in this increase. In addition, the market value of Bitcoin has exceeded $ 900 billion. According to Companies Market data, Bitcoin has a higher value than many important organizations such as JPMorgan Chase and Bank of America. ETH, which is the second favorite of the crypto money market after Bitcoin, is at the level of $ 1,500.
In addition, the moves of important names such as Elon Musk and Michael Saylor towards the crypto money market give hope for the future. We can say that it will not be a surprise to see new records in the markets.