$ 20,415.00
$ 1,170.57
$ 0.999901
$ 0.463893
$ 0.328374
$ 1.00

Crypto Market Capitalization Reaches $2 Trillion

Since May, the crypto market cap has yet again reached $2 trillion, thus signaling that the power is in the hands of the buyers.

With the rise of Ethereum (ETH) and the surge of altcoins, cryptocurrencies have climbed to an impressive value of $2 trillion since the turndown which cut the value of the market cap in half in May 2021.

In January of this year the crypto market cap reached $1 trillion, and as of yesterday, it has doubled. Market share was divided between Bitcoin (BTC) and Ethereum (ETH) with a participation of 43.7% and 18.9%, respectively.

Bitcoin (BTC) incurred a rise of 3.3% and Ethereum (ETH) 5.2%. Bitcoin (BTC) was trading at $46,343 and Ethereum (ETH) at $ 3,240 at the time of writing.

The upturn of the crypto market has come as a result of a multitude of factors, such as a flurry of institutional purchases, constant accumulation by ordinary investors, and billions in venture capital funding for crypto and blockchain firms.

Bullish trends in the crypto market are continuing even after a storm of external factors such as the tightening of regulations. A shakedown was expected after the approval of the infrastructure bill by the US Senate without the necessitated clarification on crypto and brokers subjected to mandatory information reporting. Nonetheless, there is yet hope for amending the bill at the end of 2021 when the review of the bill will be made by the United States House of representatives. 

Also read: Neuberger Berman Filed for Commodity Focused Fund to Gain Exposure to Crypto

Also read:

Related News

Meta Continues With Its NFT Plans

Meta stated that its other cryptocurrency initiatives are proceeding according to schedule after announcing the end of its Novi project. Non-fungible tokens (NFT) have been developing for a while by the company. The Novi initiative, which enables remittances and international money transfers, will shortly be shut down, the company announced recently. According to the company, the project will no longer operate as of September 1. Users of Novi were informed

Read More »

Bitcoin’s Lightning Network Now Available for Argentina From OpenNode Partnership With Lemon Cash

OpenNode, a supplier for Bitcoin payments, has teamed with Lemon Cash, a well-known Latin American bitcoin wallet service. The wallet’s cooperation with OpenNode allows over 1 million Lemon Cash users to now access Bitcoin’s Lightning Network. “This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments… We’re proud to support Lemon’s mission and its desire to scale and benefit

Read More »
LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »

My Coins

$ 20,415.002.95%
$ 1,170.574.83%
$ 0.4638932.59%
$ 0.9999010.01%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: