The total capitalization of the cryptocurrency market, according to CoinGecko, reached $2.01 trillion in the evening. More than half of the total is the capitalization of bitcoin - $1.1 trillion. Ethereum is in second place ($245 billion). The third position is occupied by Binance Coin with a capitalization of $58 billion.
Thus, the crypto market is close to the capitalization of Apple ($2.06 trillion), and exceeded the capitalization of Microsoft ($1.82 trillion). This comes amid institutional investors' acceptance of bitcoin and the use of the digital coin as a means of payment. Last week, PayPal allowed users to pay with cryptocurrency. Customers of the service who hold bitcoin, Ethereum, Bitcoin Cash and Litecoin in their accounts can already use them to pay for goods and services.
Late last month, Tesla CEO Ilon Musk announced that the electric cars his company makes can now be purchased for bitcoins. So far, only U.S. residents can use this opportunity.