Total Crypto Market Capitalization Posts New AllTime High


Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde 2 trillion. The market cap of all cryptocurrencies surpassed 1.9 trillion on March 31, according to data from major crypto monitoring resources like CoinGecko and CoinMarketCap. The total market cap reached as high as 1.99 trillion earlier on the day, hitting a new alltime record.

Following a subsequent correction, the total crypto market cap has slipped slightly, dropping to 1.89 trillion at the time of writing. In hitting its new historical high, the total crypto market capitalization has overtaken the market cap of oil and gas giant Saudi Aramco, the worlds second most valuable company by market cap after Apple. According to data from TradingView, Saudi Aramcos market cap amounts to about 7 trillion Saudi riyals, or 1.86 trillion at the time of writing.

After surpassing the market cap of Google stock at above 1.4 trillion in February, the total crypto market cap has continued flipping the worlds largest companies including Amazon and Microsoft. At publishing time, Amazon and Microsofts respective market capitalizations are 1.5 trillion and 1.7 trillion.

Source FXPro

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