• Crypto Market Cap exceeds $3 Trillion mark
• Altcoins are still gaining popularity.

Global crypto market capitalization has surpassed $3 trillion. The new record broke the previous mark of $2.62 trillion set on October 20. According to CoinGecko, the total crypto market capitalization increased as high as 14.5% within three weeks.

It was no surprise that,,, and pushed into new price ranges and trading within 2% from its high, this record setter achieved such an impressive result. Seven major cryptos are now up in the past week.

BTC rose to 5.5% on Monday. This was close to the previous record high of about $67,000. Recent U.S. trades of a Bitcoin-linked ETF are driving the current rally. Ether gained almost 3% while reaching an all-time high of $4768.

Indeed, cryptocurrency is immensely volatile–especially meme coins. Sometimes they can bounce around a lot, going crazy. Bitcoin is no exception. BTC saw a drop of thousands of dollars the last time it reached its peak.

According to its 2020 end value, cryptocurrency has quadrupled in size. Ethereum and other established networks continue to impress investors through their continuous upgrades, innovations, and innovation.

The enthusiasm for non-fungible tokens and decentralized finance (DeFi), continues to grow. Not to forget, meme coins like are still very much in the news. And with Facebook’s big news of rebranding to Meta, the public’s interest in altcoins continues to grow.

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