© Reuters. BTC Surges 7.68% As the Crypto Market Cap Surpasses $1 Trillion
- The global crypto market cap has surpassed $1 trillion.
- Santiment tweeted that BTC’s price broke above $22,7k.
- BTC’s price currently rests on the support level at $22,496.55.
The global crypto market cap has surpassed the $1 trillion mark over the last 24 hours according to CoinMarketCap. At press time, the crypto market cap stands at $1.04 trillion, which is a 6.40% increase over the last 24 hours. (BTC), the crypto market leader, printed a 24-hour gain of 7.68% and is currently trading at $22,594.28.
Santiment tweeted today that BTC’s price was able to break above $22,700 for the first time since August 18, 2022 in the last 24 hours. The blockchain analytics firm attributed the rise in BTC’s price to the large tier group of addresses holding 1,000 to 10,000 BTC which have collectively accumulated 64,638 BTC in the past 15 days. At current prices, this is worth ($1.46 billion).
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