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CHART: Bitcoin makes up 52% of $3.9T international crypto market cap

Crypto & NFTsCHART: Bitcoin makes up 52% of $3.9T international crypto market cap

Bitcoin’s (BTC) worth hit an all-time excessive of $103,000 at present, putting it squarely on the head of a worldwide crypto market value a colossal $3.88 trillion.

At $2.04 trillion, the forex makes up 52.44% of crypto’s international market cap, in line with Coingecko.  

BTC rivals ether, XRP, and tether path the world’s dominant crypto by far, representing 11.9%, 3.9%, and three.6% of the worldwide crypto market respectively.  

At $2.04 trillion, bitcoin makes up 52.44% of crypto’s international market cap.

Trump claims credit score for $100K bitcoin excessive

BTC crossed the $100,000 threshold within the early hours of Thursday morning and triggered a variety of celebratory posts from execs, pundits, and crypto fanatics. 

What was just a little extra sudden, nonetheless, was President Donald Trump not solely celebrating the milestone but in addition claiming credit score for it. On his social media platform Reality Social he mentioned, “CONGRATULATIONS BITCOINERS!!! $100,00!!! YOU’RE WELCOME!!!” 

Whereas bitcoin has risen in worth since Trump’s most up-to-date election win, it’s value noting that BTC has technically reached its excessive beneath the presidency of Joe Biden who will go away workplace in late January 2025.

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