According to CoinGecko, total crypto capitalization hit a new high on October 20, above the previous record of $ 2.62 trillion, and is up 14.5% in less than three weeks.
Combined crypto market cap previously peaked at nearly $ 2.62 trillion on May 12 this year, before bouncing off a local low of $ 1.24 trillion on July 20, 2018.
CoinGecko data tracks 10,418 digital assets on 518 crypto exchanges.
Despite Bitcoin’s impressive price gains over the past two years, BTC’s market dominance has fallen 42.8% from its peak of 70.8% on September 6, 2019.
While Bitcoin still more than doubles its closest rival at 40.5% or $ 1.22 trillion compared to Ethereum’s 18.6% or $ 560 billion in market share, the total capitalization of all other cryptocurrencies is 40 .9% or $ 1.24 trillion – evidence of the growing diversity of the digital asset sector.
Related: Token and dogcoins memes are flooding the market as the price war intensifies
According to Messari’s Ethereum screener, who is currently tracking 209 projects created on the network, the Ether ecosystem currently represents a market cap of $ 829 billion, or a dominance of 27.6%.
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
Tether collaboration with DOJ freezes $6M from a crypto scam, freezing funds before they were…
Former Finance Minister Zhu said that China urged to rethink crypto policy amid US Bitcoin…
The price of both Ethereum (ETH) and Shiba Inu (SHIB) has seen a bearish movement…
FTX crypto holders could recover only 10-25% of assets, while preferred shareholders benefit from a…
Blockchain Bridge Security is crucial as bridges face hacking risks. LayerZero - Bryan Pellegrino shares…
Binance founder CZ, released from federal custody, plans to invest in blockchain, AI, and biotechnology,…
This website uses cookies.