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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Iolite Vol.18

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March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more