Crypto Market Surges Past $2 Trillion as Bitcoin Continues Bullish Run
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The crypto market remained bullish over the weekend as flagship cryptocurrency Bitcoin reached $48,000 for the first time in three months
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The rise of the world’s number one cryptocurrency caused the value of the entire crypto market to surpass $2 trillion on Saturday
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Although Bitcoin has fallen to $47,300 on Monday the fall was not enough to move the market cap of cryptocurrencies below $2 trillion
It was a good weekend for Crypto investors, as flagship cryptocurrency Bitcoin surged above $48,000 on Saturday.
The $48K milestone is BTC’s highest position since mid-May after which the world’s largest crypto continued a downward movement that forced it below $30,000.
Although the latest recovery is good news for crypto lovers, Bitcoin remains so way off its all-time of $64,000 in April.
The latest bullish run of bitcoin has pushed the crypto market cap above $2 trillion for the first time since May.
At the moment, Bitcoin is trading at $47,300 and the cryptocurrency has a market value of $890 billion.
Read also: Top EPL Football Team Supports Dogecoin
Meanwhile, other cryptocurrencies such as Ethereum, Dogecoin and Binance Coin have benefitted from the surge.
Ethereum is currently trading at $3,273, Dogecoin ($0.338260) and Binance coin ($432).
Among the biggest gainers, Solana has added 36% to its value in the last 24 hours pushing it to $63.78.
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