Blog Layout

Crypto market tops $2 trillion for first time as Ethereum booms

coachAOG

This is a market report put together by Luno.

For more information on how to get started for free on having Bitcoin, Luno is giving away £10 worth of Bitcoin (to UK members,, other locations are coming so still get started today) and you can get yours by clicking here.

coachAOG Free £10 Of Bitocin

It’s been another historic week for cryptocurrency, with the total market cap topping $2 trillion for the first time on Monday. It’s now more than doubled since the start of the year, having only hit $1 trillion for the first time at the start of January.

 

The latest milestone was driven by huge rallies in the alt markets. Ethereum (ETH) soared past the $2,000 level it briefly surpassed a month ago and has now held that level for 5 day in a row. The move follows Visa’s announcement last week that transactions can be settled using USD Coin (USDC), a stablecoin powered by the Ethereum blockchain. Can the momentum be sustained? 

 

Elsewhere, XRP is approaching $1 again for the first time in over a year. It’s now recovered much of its losses since after the U.S. Securities and Exchange Commission (SEC) filed a case against Ripple for selling XRP in unregistered securities offerings. The move follows upbeat statements by CEO Brad Garlinghouse and tweets by Ripple executives’ attorney James K Filan over the weekend regarding the trial.

 

The moves come as Bitcoin builds support just below $60k. A week of sideways price action has seen its market dominance drop 4% to 57%, having started 2021 accounting for over 73% of the total crypto market. A period of consolidation could be a positive for Bitcoin – can it use it as springboard for another rally this week?

Download To Read Full Market Report By LUNO Here. No registeration needed.


Don't forget to get your Free £10 and follow the instructions. LUNO is all about educating more people in the use of cryptocurrencies and have a goal to educate 1 Billiion people in the nearest future. Get your Free £10 Here.

If you are interested in being part of that journey, we have a fantastic program going on that will benefit you crypto-lly. Please click here to read more about it.

Click Here To Learn More

You can listen to coachAOG Excuse To Succeed Podcast Here. You will love it.


Thanks for reading this post today. Remember to comment below and share your thoughts.




Ayo Ogunrekun


PS:And remember what #coachAOG always say, make sure to "have an #ExcuseToSucceed."

Help Me Share The Love With Others & Comment Below


Latest 3 Posts

A woman is holding a sign that says beautiful over her head.
By Ayo Ogunrekun February 19, 2025
Bob Proctor’s insights into the power of paradigm shifts, self-image, and how you can use these principles to create a life of abundance and fulfillment
By Ayo Ogunrekun February 10, 2025
I'm excited to share my fasting journey with you. If you're reading this in February 2025, I've just hit a pretty exciting milestone - 500 hours of fasting since the first month (6th Jan) of the year!
By Ayo Ogunrekun November 25, 2023
Unmasking the invisible saboteur: Discover how climate change silently infiltrates our plates, leaving a trail of scarcity and despair
Share by: