The cryptocurrency market is growing at an incredible pace. Currently, with Bitcoin at around $48,000 and Ethereum above $1,700, their total market capitalization is over $ trillion dollars.
That's $1,000,000,000,000 USD between the two currencies.
Bitcoin is among the 10 most valuable assets in the world, already beating the total value of companies like Tesla, Facebook, Visa, Paypal and MasterCard.
Ethereum is also starting to sneak up on the world's financial powers. Currently the 53rd most valueble asset in the world, its combined value exceeds AT&T, Pfizer and Pepsi.
Is It Ever REALLY Alt Season?
Understanding just how big the two giants of crypto are really puts things into perspective. They're 'bigger'...by a LOT.
Currently, Bitcoin and Ethereum together account for 75% of the total value of the entire cryptocurrency market.
Leaving only 25% of the market's net worth to be divided among countless of other coins.
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Author: Oliver Redding
Seattle Newsdesk
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