Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days
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Loading... - Megan Miller
- 28 Mar 2022
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Digital Assets Gain This Week, Bitcoin Cracks $46K, TVL in Defi Holds Above $200 Billion
Digital currencies have gained in value during the last seven days and for five consecutive days, the crypto economy’s total value has held above $2 trillion. The last time the crypto economy was above the $2 trillion zone was during the first week of March.
At 4:45 p.m. (ET) on Sunday, March 27, 2022, the price of bitcoin (BTC) tapped a high of $46,615 per unit.
During the last seven days, bitcoin (BTC) increased by 8.9% and ethereum (ETH) gained 8.5% against the U.S. dollar. Out of the top ten largest crypto market caps, cardano (ADA) saw the biggest seven-day gain with ​​26.5% this week.
The crypto economy has managed to stay above the $2 trillion mark for five consecutive days. Data from coingecko.com from March 19 to March 26, 2022. Bitcoin rose above the $46K mark at 4:45 p.m. (ET) and at the same time ethereum jumped above the $3,220 region on Sunday.
The 13,421 crypto assets traded on 587 exchanges currently has a market valuation of $2.1 trillion and its risen 1.3% during the last day.
The biggest gainer during the last week was zilliqa (ZIL) jumped 148% this week, convex finance (CVX) spiked 53.2% higher, and vechain (VET) increased by 44.9% over the last seven days.
The top privacy coins by market valuation increased by 3.4% in 24 hours, and the top smart contract platform coins by market capitalization rose in value by 1.7% on Sunday. Furthermore, the top rebase tokens by market capitalization increased by 9% during the last 24 hours against the U.S. dollar. Read More…
