Crypto Market Cap Rebounds Over $1 Trillion - Coinleaks
Current Date:September 21, 2024

Crypto Market Cap Rebounds Over $1 Trillion

bitcoin(BTC) and EthereumWith the rise of other cryptocurrencies, especially (ETH), the crypto market cap has exceeded 1 trillion dollars again.

The crypto market, which fell with the collapse of Terra, is struggling to chart upwards due to the Fed’s tight interest policy and global economic problems. The crypto market cap, which dropped below $1 trillion at the start of this month, is on the rise.

Crypto Market Cap Over $1 Trillion

Major cryptocurrencies bitcoin(BTC) and Ethereum (ETH) took the leading role in pushing the market up. While BTC has grown by 0.4 percent in the last hour, it has increased by close to 10 percent during the week. ETH, on the other hand, increased 13.5 percent this week, contributing to the total market cap of over $1 trillion.

MicroStrategyThe price of Bitcoin reached a two-week high of $21.6K, with news that Coming is planning to sell some of its shares in order to raise $500 million to buy BTC.

Ethereum Merge ETH price is showing volatility as the date approaches. Ethereum, one of the cryptocurrencies that Turkey shows the most interest in, showed a growth of 2.8 in 24 hours. ETH price, which started the week at the level of $ 1,500, increased by 13.5 percent and came very close to $ 1,800.