Crypto market hits USD 2 tn, Bitcoin swells

As the global cryptocurrency market hit $2 trillion for the first time in nearly three months, the industry players on Friday said the surge in the market cap indicates a wider acceptance of crypto assets across the globe, including in India.

Bitcoin has crossed the $46,000 mark (over Rs 34 lakh for single coin) once again. The most popular cryptocurrency has been trading in the green with a market cap of more than $848 billion, as per CoinMarketCap.

The world’s oldest cryptocurrency, Bitcoin has witnessed a fantastic rally recently and the latest Ethereum upgrade, also known as London Hard Fork, has boosted the Ether price, said Shivam Thakral, CEO, BuyUcoin.

Crypto assets are moving towards becoming mainstream with many brands around the world accepting cryptocurrency as a form of payment.

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