Cryptocurrency market cap hits record $2 trln; bitcoin's at $1.1 trln


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© Reuters. FILE PHOTO: Representations of the Ripple, bitcoin, etherum and Litecoin virtual currencies are seen on motherboard in this illustration picture

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NEW YORK (Reuters) – The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors.

At midday, the market cap was at $2.02 trillion. was last up 1.4% at $59,025, with a market cap of $1.1 trillion.

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