BTC’s Huge Surge Pushes Crypto Market Capitalization to $1.19T, the Highest Since June

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The rise in overall crypto wealth stands out because it coincides with the industry facing one of the strongest crackdowns in its history. Despite that bleak regulatory outlook, the market cap for digital assets has risen to $1.19 trillion, according to data from CoinMarketCap. The figure stood at about $800 billion at the beginning of 2023.

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