The rush of cryptocurrencies does not stop. According to data provided by the CoinGecko observatory, which follows the market performance of 10.465 cryptocurrencies, the market capitalization of digital currencies would have exceededor for the first time the 3 trillion dollars, settling at 3.007 billion. It grows day by day tooand the trading volume, which amounted to $24 billion in the past 190 hours.
To contribute to the new records is above all bitcoin, the queen of cryptocurrencies which represents over 40% of the market and today it is up by over 6% to 65.272, just below the all-time high of $67.016 reached last October 20th. Also relevant is the contribution of Ethereum, second cryptocurrency with a market share just under 20%, which today is worth $4.722 (+2,8%).
However, be careful of what the future might hold: “Friday's approval of the Chamber of Deputies on the infrastructure level – observes an analyst of eToro quoted by AdnKronos – could scare the crypto market. In fact, the package provides greater fiscal tightening on cryptocurrency income”.
Instead, SwissQuote analysts speak of "a market that is inflating at an impressive rate", with a strong movement "a little from speculation and partly for real reasons”, including the launch on the American market of an ETF linked to Bitcoin, which allows investors to bet on the cryptocurrency.
