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Cryptocurrency capitalization approached the $ 1 trillion mark

On Wednesday, January 6, cryptocurrency market capitalization reached an all-time high of $ 972 billion, but then declined. It now stands at $ 920 billion with a total daily trading volume of $ 136 billion, according to Coinmarketcap. The share of bitcoin in the market is 68.5%, the number of cryptocurrencies exceeds 8190, writes RBC Crypto.

Today, bitcoin has renewed its all-time high at around $ 35.7 thousand, having risen in price since January 1 by a quarter. Following Bitcoin, almost all of the largest altcoins in terms of capitalization have grown in price over the past 24 hours. For example, the price of Ethereum increased by 7% and exceeded $ 1100, Litecoin – by 5%, to $ 159.

In the near future, Ethereum may continue to move to a historical maximum of $ 1.4 thousand, says Maria Stankevich, Development Director of the EXMO Exchange. For Bitcoin, she also does not expect a strong correction. Currency.com financial analyst Mikhail Karkhalev added that he does not yet see sufficient pressure from sellers to start lowering the price of bitcoin. And to reach the $ 1.4 thousand mark on air, he needs to gain a foothold above the local peak of $ 1.1 thousand, the specialist warned.

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