Total crypto market cap temporarily surpassed the Saudi Aramco.
The market cap of cryptocurrencies surpassed $1.9 trillion on March 31, based on data from important crypto monitoring tools such as CoinGecko and CoinMarketCap. The entire market cap reached as large as $1.99 trillion before on the day, hitting a fresh all time record.
After a subsequent correction, the entire crypto market cap has shrunk slightly, falling to $1.89 trillion in the time of composing.
In reaching its new historic high, the entire crypto market capitalization has surpassed the market cap of gas and oil giant Saudi Aramco, the world’s second most valuable company by market cap following Apple. Based on statistics in TradingView, Saudi Aramco’s market cap figures to approximately 7 trillion Saudi riyals, or $1.86 trillion in the time of composing.
Following exceeding the market cap of Google inventory at over $1.4 trillion in February, the entire crypto market cap has lasted flipping the world’s biggest companies such as Amazon and Microsoft.