According to data provided by crypto analytics platform CoinGecko, the global cryptocurrency market capitalization has surpassed the $1 trillion mark after adding an impressive 5% over the past 24 hours.
It has managed to top the aforementioned mark for the first time since Oct. 5.
As reported by U.Today, Bitcoin managed to top the $20,000 mark for the first time since early October.
In the meantime, Ethereum, the second-largest cryptocurrency, briefly touched the $1,500 mark for the first time in more than a month.
The total crypto market is still down significantly from the all-time peak of $3.08 trillion that was recorded last November.
Bitcoin topped the $1 trillion mark for the first time on Feb. 19, 2021. The entire crypto market surged above that mark on Jan. 7, 2021, for the first time.