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Crypto market capitalisation hits record $3.2 trillion, CoinGecko says

11/14/2024

Less than a minute

2024.11.14 01:55

© Reuters. FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. REUTERS/Kevin Wurm/File Photo

SINGAPORE (Reuters) – The value of the cryptocurrency market has topped $3 trillion and is in uncharted territory as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class.

The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, according to analytics and data aggregator CoinGecko.

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11/14/2024

Less than a minute