The total value of all crypto in circulation reached a peak of $1.26 trillion on Friday — the highest level in more than 10 months

The value of all crypto in circulation has been consolidating following Friday’s nudge higher to levels not seen since around the time failed algorithmic stablecoin project Terra collapsed in May 2022.

Total market capitalization reached a peak of $1.26 trillion, retracing slightly to $1.23 trillion as of Monday. That’s the highest point since last June, in the aftermath of a harrowing month for the crypto market which witnessed the fall of Terra’s digital assets ecosystem.

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