Global cryptocurrency market cap hits $1 trillion

The market capitalization of all cryptocurrencies has reached $1 trillion.

According to data from CoinGecko, the global market cap for all cryptocurrencies is at $1.003 trillion at the time of writing. Bitcoin remains the market leader with a $676B market cap, followed by Ethereum with a $136 billion market cap. Tether, XRP and Litecoin round out the top five. 

The last time total market capitalization came close to $1 trillion was in January of 2018 when it reached nearly $800 billion. This is the first time it has surpassed the $1 trillion mark.

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Aislinn Keely joined The Block in the summer of 2019. She is a member of the outlet's policy team, holding down the legal beat. Before The Block, she lent her voice to the NPR affiliate WFUV, where she reported and anchored newscasts in addition to some podcast work. Aislinn is a proud Fordham Ram and editor-in-chief emerita of its newspaper. When she isn't writing or reporting, Aislinn is running and rock climbing.