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Crypto market cap hits new all-time high as BTC, ETH soar


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559698bc836be4174c42841b3c473303Cryptocurrency13 minutes ago (Oct 21, 2021 06:20AM ET)

Crypto market cap hits new all-time high as BTC, ETH soar
© Reuters.

The total market capitalization of all cryptocurrencies rose to new all-time highs on Wednesday, capping off a dramatic months-long recovery that reaffirmed the bullish narrative for (BTC) and Ether (ETH).

The crypto market cap — an important barometer for the overall health of the digital asset economy — reached a high above $2.63 trillion on Wednesday, according to Cointelegraph Markets Pro. That represents a gain of 5.9% over the previous 24 hours.

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