According to the analytical resource CoinGecko, on April 5, the capitalization of the cryptocurrency market reached a record $2.01 trillion, coming close to the capitalization of the technology giant Apple ($2.06 trillion) and exceeding Microsoft ($1.82 trillion).
A significant increase in market capitalization is provided by Bitcoin ($1.1 trillion), the second line is Ethereum ($245 billion), the third is Binance Coin, whose capitalization has grown significantly during the winter of 2021 and reaches $51 billion.
The expansion of the cryptocurrency market is driving the trend for crypto adoption among the world’s largest companies and institutional organizations. More and more services, resellers and platforms are starting to accept BTC as a means of payment.
At the end of March, Telsa began accepting bitcoins as payment for electric vehicles. So far, this is only available to US residents, but Elon Musk promises to expand the geography of BTC acceptance for the company’s products. More recently, PayPal has finally added a crypto settlement feature for users. Currently available assets include Ethereum, Bitcoin Cash and Litecoin