91 days ago • Posted by Martin Boujol
Cryptocurrencies have surpassed the 1 trillion market cap value
The recent massive bitcoin acquisition by Tesla suggests that cryptos have reached a institutional acceptance. It will be interesting to see if other companies, or even governments, will show the same enthusiasm. The rise of cryptos might also be a sign that the US dollar will play a less important role in the long run. In the meantime, the total market cap of major cryptocurrencies has surpassed the 1 trillion market capitalization value.
Source: BofA, FT