©2021 Smith + Crown
The total market capitalization of all cryptoassets surpassed $1T this week, according to CoinGecko, which tracks 6,124 cryptoassets. The event marks a new all-time high cryptoasset market capitalization, with BTC and ETH representing roughly 67% and 13% of this sum, respectively. The total cryptoasset market capitalization was around $760B at the start of 2021.