Cryptocurrency market capitalization surges to 34 trillion yen

2025/05/09 18:31 (Updated 2025/05/14 11:01)
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Written by L.Kikutani
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Cryptocurrency market capitalization surges to 34 trillion yen

Market capitalization surges

The market capitalization of the cryptocurrency market increased by 34 trillion yen (23.5 billion dollars) on the 9th, reaching 486 trillion yen. This increase was as of 6:30 a.m. on May 9th, and was driven by the successive passage of cryptocurrency-related bills in the United States and optimism over Trump's tariffs.

Bitcoin dominance is 58.65%, and has risen 20% since March.

Bitcoin (BTC): Up 5%

Ethereum (ETH): Up 20%

XRP: Up 8%

Binance Coin (BNB): Up 4%

Solana (SOL): Up 10%

Dogecoin (DOGE): Up 12%

Ka...

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MAGAZINE
Iolite Vol.17

Iolite Vol.17

January 2026 issueReleased on 2025/11/29

Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.