Total crypto market capitalization posts new all-time high above $1.9T

Amid a new upward trend in cryptocurrency markets, the total capitalization of the cryptocurrency market has broken a new all-time high, just under $2 trillion.

According to leading cryptocurrency monitoring sources such as CoinGecko and CoinMarketCap, the market size of all cryptocurrencies as of 31… March $1.9 trillion. The total market reached $1.99 trillion the previous day, setting a new all-time record.

total market capitalization since July 2017. Source: CoinMarketCap

After a subsequent correction, the total capitalization of the cryptocurrency market has decreased slightly to $1.89 trillion at the time of writing.

With its rise to a new all-time high, the crypto’s total market capitalization has surpassed the market capitalization of oil and gas giant Saudi Aramco, which is the second largest company in the world by market capitalization after Apple. According to TradingView, at the time of writing Saudi Aramco has a market capitalization of about 7 trillion Saudi rials, or $1.86 trillion.

After surpassing Google’s market capitalization of more than $1.4 trillion in February, the total market capitalization of cryptocurrencies has continued to outpace the world’s largest companies, including Amazon and Microsoft. At the time of publication, the respective market capitalizations of Amazon and Microsoft are $1.5 trillion and $1.7 trillion.

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