After a 2.5-month correction, the total market capitalization of crypto has returned above the $2 trillion mark. This psychological barrier has been broken through again amid more than double-digit gains on all major cryptocurrencies.
Market capitalization above $2 trillion
According to data from CoinGecko, the total market capitalization of cryptocurrencies has once again broken the USD 2 trillion barrier. With parabolic increases lasting since the July 21 bottom at $1.25 trillion, the market has nearly doubled in value in just 23 days.
This is happening as a consequence of large increases on most of the major TOP 100 cryptocurrencies. This is proven by just a glance at the above list of the TOP 10 cryptocurrencies with the largest market capitalization, according to CoinGecko.