One week into the new year, the market value of all the world’s cryptocurrencies surpassed $1 trillion, a report by Quartz indicates.
The record came at the end of a supercharged six-month bull run. At the end of June, the value of all digital currencies added up only to around $260 billion.
This week, the market slid again, pulled down in part by a bitcoin plunge that wiped out $185 billion in value. But for a while there, crypto was a trillionaire.
The value of all crypo currencies surpassed $1 trillion on January 7.
