- Published on April 12, 2021
- In IT Services
Industry Reactions To Cryptocurrency Market Hitting $2 Trillion Mark
WazirX has seen more signups in the first six days of April 2021 than the entire first six months of 2020.
- By kumar Gandharv
Recently, the Cryptocurrency market hit a $2 trillion market cap, of which Bitcoin alone accounts for $1.05 billion.
The next top five cryptocurrencies’ cumulative value -- Ether, Binance Coin, Polkadot, Tether and Cardano –stands at $422 billion.
The cryptocurrency market value doubled in just three months, on the back of Bitcoin and Ether rallies. Shark Tank fame and billionaire investor Mark Cuban owns Ether.
Nischal Shetty, CEO of WazirX, called it a phenomenal week for the crypto ecosystem. The news of increasing institutional participation is motivating retail participants to become involved in crypto. WazirX has seen more signups in the first six days of April 2021 than the entire first six months of 2020.
“Even with this exponential growth rate,
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kumar Gandharv
Kumar Gandharv, PGD in English Journalism (IIMC, Delhi), is setting out on a journey as a tech Journalist at AIM. A keen observer of National and IR-related news.
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