According to CoinGecko and CoinMarketCap, the total market value of crypto currencies on March 31 exceeded $ 1.9 trillion. The total market reached $ 1.99 trillion earlier in the day, setting a new record in history.
After the next correction, the total value of the cryptocurrency market fell slightly to $ 1.89 trillion at the time of writing.
The crypto currency market has surpassed Saudi oil giant Aramco, the world's second most valuable company after Apple, to reach its all-time high. According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing.
After surpassing Google's market cap of $ 1.4 trillion in February, it now surpasses the world's largest companies, including Amazon and Microsoft. At this moment of writing this post, the market value of Amazon and Microsoft is $ 1.5 trillion and $ 1.7 trillion.
Source: https://cointelegraph.com/news/total-crypto-market-capitalization-posts-new-all-time-high-above-1-9t
Indeed, the capitalization of cryptocurrencies is growing and this is far from the limit. This is facilitated by the situation prevailing in our time, namely the difficult situation in the financial and economic spheres. Many people and companies that have savings are now worried about what is happening and understand that they may lose their savings and assets. To solve this problem, they are looking for alternative sources of investment to preserve and increase their capital. BTC and cryptocurrencies now look very promising and both ordinary people and large companies are actively investing in them.