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22.11 - 18:37
Crypto market value tops $3 trillion for first time
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moneycontrol.comThe world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors increasingly jump on board.
The value has reached $3.007 trillion (2.6 trillion euros), said CoinGecko, which tracks prices of more than 10,000 cryptocurrencies.
"The crypto market is growing at a mind-blowing speed," noted SwissQuote analyst Ipek Ozkardeskaya.
"A part of it is speculation of course, but a part of it is real," she told AFP. "Crypto is now making its way to traditional finance and everyone is on board."
Bitcoin, the world's biggest cryptocurrency, hit a record-high $66,000 last month after taking another step towards mainstream status.
It surged back above $66,000 on Monday close to its
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