For the first time, the total value of the cryptocurrency market has exceeded two trillion dollars. The market doubled in just two months. This time the rise is due to the increase in the market price of ether, the second-largest digital currency. This information came up in a report of the media CNBC.
Bitcoin is currently the top digital currency in the world. It alone accounts for more than 50 percent of the cryptocurrency’s market capitalization. Bitcoin prices have risen more than 100 percent this year. Last month, the value of Bitcoin crossed ৬ 61,000 for the first time.
According to Coin Desk, the digital currency is being traded at হচ্ছে 56,600 today. Ether has played a major role in today’s rise of cryptocurrency. Ether is the cryptocurrency of the Ethereum programmable blockchain.
Today, the highest price of ether is ২ 2,151, which is 160 percent higher than the same period last year. Today, for the first time, the value of the cryptocurrency market has exceeded two trillion dollars based on this additional price of ether.
Many companies are showing interest in this currency. Chinese app maker Meitu bought ether for 22.1 million last month. However, Bitcoin still holds the lion’s share of the cryptocurrency market.