Total crypto market cap closes in on $1T wonderful as Bitcoin impress strikes toward $20K

Full crypto market cap closes in on $1T upright as Bitcoin label moves in direction of $20K

© Reuters.

The total cryptocurrency market capitalization reached its most life like level in over two months on Jan. 13 after breaking above the $900 billion label on Jan. 12.

While the 15.5% year-to-date make sounds promising, the extent is serene 50% below the $1.88 trillion crypto market cap seen sooner than the Terra-Luna ecosystem collapsed in April 2022.

<em>Crypto markets entire capitalization, USD. Source: TradingView</em>
<em>Weekly winners and losers amongst the tip 8 coins. Source: Nomics</em>
<em>Perpetual futures accumulated 7-day funding rate on Jan. 13. Source: Coinglass</em>
<em>BTC options quantity place-to-call ratio. Source: laevitas.ch</em>

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