Cryptocurrency market cap hits record $2 trillion; Bitcoin's at $1.1 trillion

Bitcoin was last up 1.4% at $59,025, with a market cap of $1.1 trillion.

NEW YORK, April 5 (Reuters) - The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors.

Representations of virtual currency Bitcoin and US dollar banknotes are seen in this picture illustration. (Reuters)

At midday, the market cap was at $2.02 trillion. Bitcoin was last up 1.4% at $59,025, with a market cap of $1.1 trillion.