Crypto Market Value Close To $2 Trillion, Bitcoin Nears $60,000
The crypto market value is close to $2 Trillion, thanks to high buying pressure from two crypto assets
Bitcoin which is majorly responsible for this feat is close to $60,000
Ethereum the world’s second-largest cryptocurrency by market cap also went above $2,000 today
The market value of cryptocurrency is nearing $2 Trillion after two major coins experienced gains today.
Flagship crypto, Bitcoin has posted gains above 16% in the last week after a huge dump 2 weeks ago.
Ethereum also gained to move above $2,000 today amid high buying pressure.
Today, 2nd April 2021, the global crypto market value stands at $1.94 trillion with gains of 2.10% from the last day.
Crypto experts have suggested that the increased interest in crypto is down to support from institutional investors.
In addition, credible reports have also hinted that the world’s most valuable online crypto trading platform, Coinbase has gotten approval for direct listing on Nasdaq.
Read also: 4 ways to earn free Bitcoin online
At the time of this report, the largest crypto, Bitcoin is trading at $59,449.99
ETH, the currency of the Ethereum network is trading at $2,072.22, up 6.49% in the last 24 hours.