Bitcoin continues climbing, Block releases hardware wallet, Robinhood expands to EU and VCs may see some relief soon
It seems like there’s a pep in every crypto person’s step as Bitcoin had another strong week, increasing over 15% to around $44,000, during a seven-day period, according to CoinMarketCap data. Ethereum, the second largest crypto by market capitalization, also increased over 15% during that time frame, to around $2,300.
In general, the total crypto market cap steadily rose 14% from about $1.4 trillion to $1.6 trillion in the past week as more capital enters the crypto market.
As Bitcoin climbs, it also rejoins the top 10 club for the “top assets by market cap” globally. Bitcoin ranked in at number nine, trailing behind stocks like Nvidia, Amazon, Google, Saudi Aramco, Microsoft, Apple and precious metals like gold and silver, according to CompaniesMarketCap data.
Bitcoin’s total market cap is currently about $854 billion, which accounts for over half of the total crypto market cap.
