cryptocurrency market: Crypto market capitalisation hits record $3.11 trillion, surpasses GDP of Italy, Canada, and Brazil

The global cryptocurrency market has hit a historic milestone, surpassing $3 trillion, buoyed by investor optimism regarding President-elect Donald Trump’s pro-crypto stance and anticipated interest rate cuts by the Federal Reserve.

According to data available on CoinGecko, the market capitalisation surged 2.2% over the past 24 hours, reaching approximately $3.11 trillion as of Thursday.

Bitcoin leads the total market with a capitalisation of $1.775 trillion, followed by Ethereum at $384 billion, Tether at $126 billion, Solana at $102 billion, BNB at $90 billion, and Dogecoin at $57 billion.

Crypto Tracker

The $3.11 trillion cryptocurrency market cap now surpasses the GDP of major economies such as Italy ($2.38 trillion), Canada ($2.21…

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