The total value of all cryptocurrencies in the world has exceeded 1 trillion

After several weeks of bearish trading, uncertainty, and volatility, things are finally starting to look up for most of the cryptocurrency market. The total capitalization has already managed to regain the $ 1 trillion mark and continues to grow.

Specifically, according to CoinMarketCap data obtained on July 18, the global cryptocurrency market capitalization has increased by about 4.39% over the past 24 hours, from about $ 977 billion to the current $ 1.02 trillion.

The entire cryptocurrency market recorded growth in tandem with the price of bitcoin (BTC) — almost all of the top 20 largest digital currencies by market capitalization were trading in the black at the time of publication.

During the day, bitcoin temporarily traded above $ 22,000 per 1 BTC.