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Crypto market capitalisation hits record $3.2 trillion, CoinGecko says

By Thomson Reuters Nov 14, 2024 | 12:51 AM

SINGAPORE (Reuters) – The value of the cryptocurrency market has topped $3 trillion and is in uncharted territory as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class.

The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, according to analytics and data aggregator CoinGecko.

(Reporting by Tom Westbrook; Editing by Kim Coghill)