THE CAPITALIZATION OF THE CRYPTO MARKET HAS REACHED ALMOST 2 TRILLION DOLLARS
The data published on the CoinMarketCap portal indicates a significant increase in the capitalization of the cryptocurrency market. Over the past day, it has increased by 3.3% and is already close to $2 trillion. More than 50% of this amount is accounted for by the most popular cryptocurrency. The capitalization of Bitcoin has reached $1.1 trillion. Ethereum and Binance Coin got the 2nd and 3rd places. Their capitalization was $246 billion and $60 billion, respectively. The capitalization of the cryptocurrency market has already exceeded the corresponding figures for companies such as Saudi Aramco and Microsoft. The cryptocurrency market in the near future may bypass the most expensive company in the world, which is Apple. Its capitalization is currently $2.1 trillion. The growth of the cryptocurrency market is promoted by the decisions made by some large companies. So, last month, PayPal announced that it will provide its customers with the opportunity to pay for purchased goods with cryptocurrencies. The company Tesla also allowed to buy electric cars for bitcoins. Visa announced the availability of transactions in USD Coin.