The global crypto market cap has increased from $852.34 billion on January 10 to $991.8 billion at press time, which means that $139.46 billion has entered the crypto sector in seven days, according to the data retrieved by Finbold from the crypto tracking platform CoinMarketCap on January 17.
In other words, the global crypto cap has grown by 16.36% in a week, in addition to the daily trading volume of all cryptos (including stablecoins and tokens) growing from $40.34 billion to $45.89 billion – an increase of 13.76%, as data indicates.
With its recent results, the crypto market is only $8.2 billion away from once again claiming the $1 trillion valuation last observed in early November 2022, which represents the psychological threshold for the general market, with the next bullish stops being $1.5 trillion and $2 trillion.
(By Ana Nicenko)
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