Cryptocurrency Market Cap Reaches $2 Trillion, XRP Price Targets $1

The cryptocurrency economy reached a market cap of $2 trillion on Monday after the recent rally in altcoins. XRP remained the best-performing cryptocurrency among the top 10 after a jump of nearly 60% in the last 7 days.

According to the data published by Coinmarketcap, the total value of digital currencies touched $2 trillion on 5 April, which is its highest level on record. Additionally, XRP crossed $0.93 during the latest rally, which was the highest level since May 2018.

As of writing, the overall market cap of cryptocurrency assets stands at around $1.98 trillion. Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, the world’s largest cryptocurrency, has a market cap of more than $1.1 trillion. XRP became the 6th most valuable cryptocurrency in the world after the digital asset reached a market value of $40 billion, which is more than Cardano, Uniswap and Litecoin.

Finance Magnates reported yesterday about the recent dip in Bitcoin’s market dominance. BTC’s share of the overall cryptocurrency market dropped below 56% after the latest rally in altcoins.

Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term, XRP, and Binance Coin

Ethereum, the world’s second-largest digital currency, touched an all-time high of $2,150 yesterday after a significant surge in retail and institutional demand. Grayscale, a leading digital asset manager, also highlighted the growing institutional interest in Ethereum-related investment products recently. Currently, the asset manager has more than 3.1 million Ethereum under management with a total value of more than $6.5 billion. The world’s 6th largest cryptocurrency XRP has been on the rise since the start of last week. The digital currency jumped from $0.55 to $0.93 within the last 7 days. As of writing, the XRP price is trading near $0.88 as the cryptocurrency is targeting the next milestone of $1.

Binance Coin recently crossed the market cap of $50 billion after the digital currency jumped nearly 25% within the last week. As of writing, BNB is trading near an all-time high of $390 with a market cap of more than $58 billion. The world’s top 6 cryptocurrency assets include Bitcoin, Ethereum, BNB, Tether, Polkadot and XRP.