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To the moon? Cryptocurrency market cap surges past $2 trillion – Aljazeera.com

Bitcoin is worth more than $1 trillion alone after its price more than doubled in 2021.

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The total market value of cryptocurrencies pushed past $2 trillion for the first time, doubling in about two months amid surging institutional demand.
Bitcoin, the largest of the more than 6,600 coins tracked by CoinGecko, is worth more than $1 trillion alone after its price more than doubled in 2021 to $58,858. The five next biggest coins Ether, Binance Coin, Polkadot, Tether and Cardano have a combined value of about $422 billion.
Bitcoin has been on a tear as institutional investors dabble in…

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