The global cryptocurrency market cap has reached a new peak of $3.1 trillion, marking a significant milestone since its last record in 2021.
Crypto Market Growth in 2024
Since the beginning of the year, digital assets have gained 80%, rising from $1.72 trillion to over $3 trillion by November 2024, highlighting a recovery from the previous 2021 peak.
Bitcoin's Market Dominance
Bitcoin remains a key player with a market share of over 60%. Its market cap surpasses silver and companies like Meta and Tesla but remains 10 times smaller than gold.
Forecasts and Prospects
Investment banks like Standard Chartered predict that the total crypto market cap could reach $10 trillion by the end of 2026 with government support for positive policies.
The rapid rise of the crypto market indicates significant shifts in financial ecosystems and continues to attract the attention of various economic institutions.
