For the first time in history, the cryptocurrency market has surpassed the $2.6 trillion barrier in terms of market capitalisation amid Bitcoin’s rally, which soared to new all-time highs ahead of the second day of trading for the massively popular ProShares Bitcoin Strategy exchange-traded fund.
Indeed, the global crypto market cap has already reached $2.613 trillion, representing a 5.6% gain over the previous day. Furthermore, the overall market volume over the past 24 hours has increased to $94.75 billion, representing a 4% increase, according to the data from CoinMarketCap.com.
