ETH's market capitalization hits a new all-time high

Ethereum's market capitalization broke its previous all-time high on Thursday, according to market data from TradingView.

The market capitalization, which tracks the total value of all tokens in circulation, reached $149.77 billion. The price of ETH is currently at $1,270 with a market cap of roughly $145.1 billion.

RELATED INDICES

The previous all-time high market cap reached $145.7 billion in January 2018. The latest development came less than a day after the global market capitalization of all cryptocurrencies hit $1 trillion.

About Author

Aislinn Keely is a reporter on The Block's policy team holding down the legal beat. She covers court decisions, bankruptcies, regulatory actions and other key moments in the legal sphere, putting them in context for the wider crypto industry. Before The Block, she lent her voice to the NPR affiliate WFUV and helmed Fordham University's student newspaper. Send tips or thoughts on all things policy and legal to [email protected] or follow her on Twitter for updates @AislinnKeely.