April 20, 2024

Cryptocurrency market capitalization exceeded $ 300 billion

Cryptocurrency market capitalization exceeded $ 300 billion

The digital currency market is growing steadily, its capitalization has already exceeded $300 billion, and most coinsis showing rapid growth.

A number of digital assets showed significant growth bythis week. Bitcoin (BTC), after consolidating around $9,000, was able to break through the $10,000 level, and its total market capitalization is now just above the $182.6 billion mark. 

ETH rose 3.6% on Sunday and 30% overweek. A number of traders believe that the Ethereum boom is associated with the growing popularity of decentralized finance (DeFi) and the growth in the issuance of Tether (USDT). The amount of blocked funds in DeFi services exceeded $4 billion for the first time. 

The capitalization of USDT is also breaking new records and has already reached $10.07 billion. Many altcoins supported the growth of the cryptocurrency flagship and are trading near the highs of this year.

Cryptocurrency market capitalization exceeded $ 300 billion

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