Total cryptocurrency market value records new high of $1.24 trillion

Total cryptocurrency market value records new high of $1.24 trillion

The market value of over 6,000 cryptocurrencies hit a new record high of $1.24 trillion on Saturday, a month after it passed the $1 trillion-mark for the first time. The largest cryptocurrency Bitcoin rose 7% to touch $40,000, taking its market capitalisation to over $733 billion, followed by Ethereum, which recorded a market capitalisation of about $188 billion.

News source : The Financial Express

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