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Crypto market cap breaks $2.5T — Is this the season for ETFs? - Financial Markets Worldwide

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559698bc836be4174c42841b3c473303Cryptocurrency33 minutes ago (Oct 20, 2021 06:00AM ET)

The total cryptocurrency market capitalization broke $2.5 trillion as the United States Securities and Exchange Commission seems to be open to approving additional crypto futures-linked exchange-traded funds.

According to data from Cointelegraph Markets Pro, the value of all cryptocurrencies has more than doubled since hitting a $1 trillion market capitalization in January. The prices of (BTC) and Ether (ETH) rose to more than $63,000 and $3,800, respectively, as the total crypto market capitalization dipped its toes above $2.5 trillion.

Total cryptocurrency market capitalization. Source: TradingView

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