Cryptocurrency market capitalization returned to over $2 trillion

Bitcoin was in a bearish mood recently, but just a few minutes ago it reached a record high – 42 thousand USD. The situation is similar on the altcoin market. The recovery has brought the global capitalization of the digital asset market back above $2 trillion.

Altcoins declined on Monday, and the charts of all major cryptocurrencies were in the red. Yesterday, there was a rebound.

Ether during the correction at the beginning of the week fell to the level of $ 2,900, but yesterday it recovered $ 3,000 and is currently around $ 3,150. The situation is similar for binance coin and ripple, whose odds are $427 and $0.76, respectively.

Cardano, avalanche, dogecoin and shiba inu also recorded several percent daily increases. Solana, terra and polkadot increased by more than 5% each. As a result, SOL currently costs $110, LUNA $96, and DOT $19.

The recently released native coin of Bored Ape Yacht Club – ApeCoin – did the best. It increased by more than 30% and is currently trading around $16.5.

The cryptocurrency market capitalization grew by about $60 billion in one day, surpassing $ 2 trillion for the second time.

Read Also: Crypto mining may allow Russia to bypass sanctions, says IMF

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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