Total Crypto Market Cap Tops $3.8 Trillion in Record High

Total crypto market cap has reached an all-time high of $3.83 trillion following a 2.7% rise on the day, according to Coingecko.

Digital asset market momentum has largely been driven by Donald Trump’s presidential election victory and the promise of a pro-crypto regulatory landscape in the United States.

Since election day on Nov. 5, almost $1.5 trillion has entered the crypto market as total cap has surged a whopping 63% in just one month.

Bitcoin Cap Hits $2T

The crypto market cap is now up 24% from its previous peak during the 2021 bull market when it topped out at $3.08 trillion. This was 270% higher than the 2017 market cap peak of $830 billion, so a similar gain in this cycle could propel the market cap to…

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