Crypto analyst Lark Davis mentioned in a Tweet that cryptocurrency Market Capitalization had spiked over $300 billion in two weeks.
According to CoinMarketCap, the total crypto market capitalization is $2.272 trillion at the time of writing. The below chart shows the market capitalization has spiked over $300 billion from $1.9 trillion in the last 14 days.
CoinMarketCap)
Moreover, the cryptocurrency market has increased more than 2x this year. Notably, Bitcoin makes up more than half of the crypto market cap and has traditionally led the market. Also, it remains as the most significant cryptocurrency by value.
Due to a trillion-dollar market cap, Bitcoin has outranked Alibaba, Tencent, Tesla, and Facebook. More so, the Bitcoin market cap can go beyond Google (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) soon.
Infinite Market Cap)
Bitcoin is anticipated to be bullish throughout this year. Even more, it remains one of the best cryptocurrencies to invest in 2021, alongside Ethereum, Litecoin, Cardano, Binance Coin, Polkadot, and VeChain.
This article was first published on coinquora.com
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Source: Cryptocurrency - investing.com
