The combined value of the cryptocurrency market has jumped to around $2 trillion for the first time on almost two years on the back of the ETF-fueled rally in Bitcoin.
The largest digital asset, which data from CoinMarketCap.com shows accounts for about 52% of the entire market, rose as much as 5.1% to $57,443 on Tuesday. Bitcoin has surged around 12% already this week, and is trading at the highest level since December 2021. The value of the crypto market reached around $2.7 trillion a month earlier, when token prices were at all-time highs.
