TECHNOLOGY

Cryptocurrency Market Cap Hits $3 Trillion

The cryptocurrency market cap is valued at over $3 trillion as Ether and Bitcoin rose. “Bitcoin seems to be pushing out of a bullish pattern, and Ether will confirm a long-term breakout on an above close resistance,” said Katie Stockton, founder and managing partner of Fairlead Strategies. In New York, the overall market cap of cryptocurrencies hit $3.3 trillion.


Binance Coin and Solana have added over 20 per cent in the past seven days. Bitcoin increased to 5.6 per cent to $66,414. Ether advanced to 3 per cent to $4,768. Crypto firms like Marathon Digital Holdings Inc and Riot Blockchain In. surged over 10 per cent. Coinbase gained as much as 3.6 per cent just a day before reporting third-quarter results. Bitcoin’s recent rise has been fed by the US trading debut of a Bitcoin-linked ETF.

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