{"id":258923,"date":"2024-03-04T23:56:31","date_gmt":"2024-03-04T18:26:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=258923"},"modified":"2024-03-04T23:56:31","modified_gmt":"2024-03-04T18:26:31","slug":"bitcoins-market-cap-hits-all-time-high-of-1-3-trillion-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoins-market-cap-hits-all-time-high-of-1-3-trillion-crypto-news\/","title":{"rendered":"Bitcoin\u2019s Market Cap Hits All-time High of $1.3 Trillion &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>With BTC trading within 3% of its 2021 record, the network&#8217;s market capitalization has surpassed the milestone due to the increase in circulating supply over the past two years.<\/p>\n<div>\n<p>As Bitcoin inches closer to an all-time high in dollar terms, the market capitalization of the world\u2019s most valuable blockchain has already surpassed its November 2021 peak of $1.27 trillion.<\/p>\n<p>The network is currently valued at $1.32 trillion, according to data from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\"> <!-- -->CoinMarketCap<\/a>.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">Bitcoin&#8217;s Market Capitalization<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Nearly 2 million BTC have been issued as block rewards to miners since November 2021 &#8211; Bitcoin\u2019s circulating supply stands at 19.64 million today, up from 18.87M at the height of the last bull market.<\/p>\n<p><!--$!--><!--\/$--><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ycharts.com\/indicators\/bitcoin_supply\" class=\"no-underline\"><\/p>\n<figure><img decoding=\"async\" alt=\"Bitcoin Supply chart\" loading=\"lazy\" width=\"960\" height=\"241.73374613003097\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fd67070f9bffaa2e79be3fa4773aa86d1f4ce3dc9-969x244.jpg&amp;w=828&amp;q=100\" \/><figcaption class=\"text-center text-xs\">Bitcoin Supply<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Meanwhile, investor appetite for spot Bitcoin ETFs shows no signs of slowing down, with ProShares\u2019 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/quote\/BITO\"> <!-- -->BITO<\/a> set to surpass $1 billion in trading volume today.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With BTC trading within 3% of its 2021 record, the network&#8217;s market capitalization has surpassed the milestone due to the increase in circulating supply over the past two years. As Bitcoin inches closer to an all-time high in dollar terms, the market capitalization of the world\u2019s most valuable blockchain has already surpassed its November 2021 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":258924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-258923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/258923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=258923"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/258923\/revisions"}],"predecessor-version":[{"id":258926,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/258923\/revisions\/258926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/258924"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=258923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=258923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=258923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}