53 days ago • Posted by Martin Boujol
The Crypto Market Value reaches $1 Trillion following Bitcoin gains
This is a massive growth. The cryptocurrency market cap is five times what it was only a year ago. Among the reasons for the surge, we have the speculation from retail traders, the trend-following quant funds as well as the interest of rich and institutional investors. Note that Bitcoin quadrupled in the past year, and that it makes for about two thirds of the total market.
Source: Bloomberg, CoinGecko