Crypto world hits $3 trillion market cap as ether, bitcoin gain in trade

The cryptocurrency market is now worth more than $3 trillion.

As of 7:38 a.m. in London, the overall market cap of cryptocurrencies hit $3.01 trillion, according to CoinGecko pricing. The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days; all of the seven biggest coins are up over the last week.

Bitcoin rose as much as 5.5% on Monday to $66,339, nearing its previous record of about $67,000. Ether advanced as much as 3% to a new high of $4,768.

Of course, crypto is notoriously volatile. The last time Bitcoin reached these levels, it fell back several thousand dollars, and it’s undergone multiple corrections that take it down by half or more.