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Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K Cointelegraph via biedex.markets

Cardano Founder Says 2 Million Units of Bitcoin is Lost Forever

© Reuters.

The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.

While the 15.5% year-to-date gain sounds promising, the level is still 50% below the $1.88 trillion crypto market cap seen before the Terra-Luna ecosystem collapsed in April 2022.

Crypto markets total capitalization, USD. Source: TradingView
Weekly winners and losers among the top 80 coins. Source: Nomics
Perpetual futures accumulated 7-day funding rate on Jan. 13. Source: Coinglass
BTC options volume put-to-call ratio. Source: laevitas.ch

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Written by Sandy Sullivan