Total Crypto Market Cap Hits New All-Time High as Ethereum Flips MasterCard
Total crypto capitalization is at an all-time high $4.14 trillion following big gains by both Bitcoin and Ethereum during early trading in Asia on Monday morning.
The move has eclipsed the previous market capitalization peak on July 23. Total crypto capitalization has gained 22% since the beginning of the year, as around $750 billion has flowed into digital assets.
The inflow is pretty close to the $820 billion that represented the entire market cap during the bear market crash in November 2022.
However, the entire crypto market is still worth less than one US corporation – Nvidia, which has a total capitalization of $4.45 trillion.
“Now is the most unclear timeline I’ve seen, the market is at ATH, but no one…