Crypto Takes Breather After Hitting $1 Trillion Market Cap – eToro Crypto Roundup

Crypto Takes Breather After Hitting $1 Trillion Market Cap – eToro Crypto Roundup


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Bitcoin tags $40K and Ethereum approaches all-time high before market pullback.

As protestors stormed Capitol Hill last Wednesday, Bitcoin broke through $40K, pushing the total crypto market cap beyond the $1 trillion threshold.

Trending: SGT Report: The Storm Is Upon Us, This Is It!

The Democrats’ narrow victory over the senate fueled the Bitcoin rocket further, creating expectations that a unified government legislature will pave the way for fiscal stimulus worth up to $3 trillion.

This pushed the crypto market rally into overdrive. Stellar doubled before finishing the week with 50% gains, and Ethereum approached all-time highs before Bitcoin put an end to the fun by tumbling all the way back to $33K.

This week’s highlights Stellar outshines market with dazzling rally Ethereum approaches all-time high

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