Crypto surges past Apple with $4.1tn market cap. Three drivers are seen to fuel an even higher rally – DL News
- Crypto market cap hits $4.1 trillion, topping major tech corporations.
- ETF inflows have been some of the highest on record.
- Markets bet on a September Fed rate cut.
The crypto market is now worth more than Microsoft or Apple.
A weekend rally carried over into Monday blasted the total market value past $4.1 trillion to a new all-time high.
While that figure spans thousands of digital assets rather than a single company, the milestone is still a clear example of just how far the sector has come.
Nearly every major token is in the green, but the spotlight is on Bitcoin and Ethereum.
Bitcoin jumped 4% over the weekend to $122,200 on Monday morning, UK time, leaving it less than 1% shy of eclipsing July’s all-time high of $123,200.
Ethereum…