Cryptocurrency market capitalization neared the $3 trillion mark on Nov. 9 as the two biggest cryptocurrencies—Bitcoin and Ethereum—were trading just off their all-time highs, according to data from CoinMarketCap. Bitcoin surged past the $68,000 mark for the first time on Monday, briefly touching a record high of around $68,500, according to Coinbase, with the world’s biggest cryptocurrency trading at $67,637 at 7:02 a.m. New York time on Nov. 9. Ethereum, the world’s second-largest cryptocurrency, hit an all-time high on Monday of around $4,828, according to Coinbase, and was trading at $4,787 at 7:06 a.m. New York time on Nov. 9. The Bitcoin and Ethereum surge helped push the total cryptocurrency market cap to $2.95 trillion earlier on Nov. 9, dipping to $2.92 trillion by 7:29 a.m. New York time, according to CoinMarketCap. While there’s no single factor fueling the rally in crypto, which routinely experiences sharp price swings, analysts at …