Total crypto market cap has reached an all-time high of $3.83 trillion following a 2.7% rise on the day, according to Coingecko.<\/p>\n
Digital asset market momentum has largely been driven by Donald Trump\u2019s presidential election victory and the promise of a pro-crypto regulatory landscape in the United States.<\/p>\n
Since election day on Nov. 5, almost $1.5 trillion has entered the crypto market as total cap has surged a whopping 63% in just one month.<\/p>\n
The crypto market cap<\/a> is now up 24% from its previous peak during the 2021 bull market when it topped out at $3.08 trillion.\u00a0This was 270% higher than the 2017 market cap peak of $830 billion, so a similar gain in this cycle could propel the market cap to around $11 trillion in 2025.<\/p>\n Crypto assets have a long way to go since\u00a0markets<\/a> currently account for just 21% of the entire gold market cap, which is $17.9 trillion.\u00a0Today\u2019s record has been driven by Bitcoin, which surged to its own all-time high of just under $104,000<\/a> during early trading in Asia on Thursday.<\/p>\n As a result, Bitcoin\u2019s dominance has recovered to reclaim 57% following a substantial dip caused by altcoin momentum over the past couple of weeks.<\/p>\n Bitcoin market cap has also exceeded $2 trillion for the first time ever, making it the world\u2019s seventh largest asset, just behind Google parent Alphabet with $2.1 trillion capitalization.<\/p>\n MicroStrategy founder Michael Saylor predicted that the Bitcoin market cap would reach a whopping $280 trillion by 2045, which equates to $13 million per coin.<\/p>\n \u201cBitcoin flips Gold market cap 2037. That\u2019s my guess,\u201d said<\/a> trader Bob Loukas. At the moment, it is just 11% of gold\u2019s market capitalization.<\/p>\n Ethereum has still failed to reclaim its psychological barrier at $4,000, but it is not far off it. The ETH market cap topped $460 billion as the asset spiked to $3,900 on Thursday morning.<\/p>\n Aside from stablecoins, the next largest digital asset by market capitalization is XRP, which has $130 billion and recently flipped Solana, which has $110 billion.<\/p>\n Total altcoin market capitalization has also hit a new peak of $1.85 trillion, surpassing its November 2021 peak, according<\/a> to Coingecko. Remarkably, Ethereum and stablecoins alone comprise 35% of this total.<\/p>\n The post Total Crypto Market Cap Tops $3.8 Trillion in Record High<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Total crypto market cap has reached an all-time high of $3.83 trillion following a 2.7% rise on the day, according to Coingecko. Digital asset market momentum has largely been driven by Donald Trump\u2019s presidential election victory and the promise of a pro-crypto regulatory landscape in the United States. Since election day on Nov. 5, almost […]<\/p>\n","protected":false},"author":0,"featured_media":25919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/25918"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25918"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/25918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/25919"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Altcoin Market Cap at ATH<\/h2>\n