It has been an eventful 24 hours for the crypto market, as front-runners bitcoin (BTC) and Ether (ETH) show significant growth. Increases that have brought an additional $140 billion to the market. These gains in turn propel crypto’s total market capitalization to $1.8 trillion.
Since collapsing in May, BTC’s price has notably floundered. It has either hovered just below the $40,000 mark, at times managed to creep just above it, and others sunk further to the levels of $32,000 or $33,000.
However, reports and data both indicate that the world’s most valuable cryptocurrency by market cap is on an uptick, as its price surpassed $43,000. At the time of press, BTC had a value of $44,440 according to CoinMarketCap, which by all indications is the most valuable the asset has been since May.