Crypto market erupts with $110 billion surge in 24 hours ↗️↗️↗️
In addition to the renewed wave of optimism in the cryptocurrency sector triggered by the rumors of an imminent approval of a spot #BTC ($BTC ) exchange-traded fund (ETF), the industry’s total market capitalization has skyrocketed, adding $110 billion in a single day.
As it happens, the cryptocurrency market cap has increased from $1.16 trillion to $1.27 trillion in the last 24 hours alone, which means it has skyrocketed by nearly 10%, mimicking the growth of its largest asset, according to the information retrieved from crypto monitoring platform CoinMarketCap on October 24.
In addition to the renewed wave of optimism in the cryptocurrency sector triggered by the rumors of an imminent approval of a spot #BTC ($BTC ) exchange-traded fund (ETF), the industry’s total market capitalization has skyrocketed, adding $110 billion in a single day.
As it happens, the cryptocurrency market cap has increased from $1.16 trillion to $1.27 trillion in the last 24 hours alone, which means it has skyrocketed by nearly 10%, mimicking the growth of its largest asset, according to the information retrieved from crypto monitoring platform CoinMarketCap on October 24.