$70 billion added to the crypto market in under 30 minutes
Cryptocurrencies are having an explosive start this month, with $70 billion added to the overall crypto market capitalization in under 30 minutes on Wednesday, October 1.
More precisely, the total value was sat at $3.87 trillion at around 10:25 AM CET (8:25 AM UTC), only to go up to $3.94 trillion at approximately 10:55 AM CET (8:55 AM UTC).
Shortly after, the figure climbed even further, hovering around $3.95 trillion market cap at press time, according to TradingView data retrieved by Finbold.
This marks an approximately $100 billion or 2.5% increase already in ‘Uptober’ from yesterday’s levels, which were around $3.85 trillion.
Among the strongest gainers today in terms of market cap was the privacy coin Zcash (ZEC), which went from the 72nd to the 65th largest crypto in less than 24 hours, being up 40% on the daily chart.
Featured image via Shutterstock
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is a Year-End Rally Coming? Camel Finance Flags Fed-Fueled Dip & Rip
Renewable Energy Learning: An Unseen Driver of Expansion in 2025
- 2025 wind energy education programs are critical for addressing a 100,000-technician labor gap and advancing green infrastructure. - Institutions like STL USA and NREL integrate AI analytics, blade recycling, and hands-on turbine training to meet industry demands. - Industry partnerships with OEMs and $36M+ in federal funding accelerate workforce development but face policy risks from DOI land-use restrictions. - Global clean energy investment reached $2.1T in 2024, with U.S. renewables accounting for 93
Investing in EdTech and Skills Training to Empower Tomorrow's Workforce
- Global high-growth sectors like AI, renewables, and biotech are reshaping workforce demands, driving rapid STEM education evolution through edtech and vocational training. - AI-powered adaptive learning and immersive VR/AR tools now personalize education, with 36% of 2024 edtech funding directed toward workforce-specific skill development. - Vocational programs and industry partnerships (e.g., U.S. EC4A, EU Green Deal) are closing STEM skills gaps, creating direct pipelines to 16.2M+ clean energy jobs by
The Rising Influence of EdTech on Career-Focused Investment Prospects
- Global EdTech market grows at 20.5% CAGR to $790B by 2034, driven by STEM/digital skills demand. - STEM workers earn 45% higher wages; 10.4% occupation growth vs 4.0% non-STEM, reshaping labor markets. - 2025 EdTech VC investments show 35% YoY decline, concentrating on AI tools and scalable upskilling platforms. - MENA/South Asia EdTech sees 169% funding growth, addressing equity gaps through global platforms. - AI-driven EdTech and M&A activity (e.g., ETS-Ribbon) highlight sector's shift toward outcome-
Trending news
MoreCrypto prices
More
