Crypto Market Breaches $1 Trillion Market Value
7 Jan, 2021 CryptoParrot
The latest crypto rally, spearheaded by Bitcoin that started during the last days of 2020 keeps ongoing. After record-breaking new heights, crypto has surpassed yet another important historic milestone: for the first time ever, it has breached the sum of a trillion dollars in market value.
The most important player for this success is, of course, Bitcoin. However, the ecosystem is more than the King of Crypto. Litecoin, Ethereum, and Tether have all performed above average since the beginning of the month. Even XRP, recently dropped from multiple high-tier exchanges and brokers due to lawsuits against Ripple Labs, has now started to see some positive news over the past days.
While some specialists point out that the momentum of this rally might end sooner than later, sentiment analysis points a tremendous positive wave may still push this bullish turn a bit longer.
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