Category: dominance

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Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’

The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the…
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Crypto markets tag $3T combined market cap for first time

Cryptocurrency’s combined market cap has tagged $3 trillion for the first time as top altcoins push into all-time highs. With Bitcoin (BTC) trading within 2% of its all-time high and Ether (ETH), Solana (SOL) and Polkadot (DOT) pushing into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market capitalization has broken above $3 trillion…
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Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion

While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169%…
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Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week

After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have…
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Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit

The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped $64,804 per unit. Bitcoin Records New All-Time…
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As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across defi has continued to rise,…
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Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike

The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since the crypto economy’s low point on…
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Bitcoin market dominance falls to three-year low of 40%

Altcoins have risen to a three-year dominance high after tagging a record combined capitalization of nearly $1.5 trillion last week. While Bitcoin tumbles in response to Elon Musk’s Twitter account yet again, altcoin dominance has surged to its highest level in roughly three years. As of this writing, Bitcoin represents 40.3% of the combined crypto…
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Crypto-to-crypto swaps, explained

How do crypto-to-crypto swaps work… and what are the top tips for performing them safely and cheaply? Any top tips for storing cryptocurrencies safely? Always double-check the transaction before confirming and take precautions. Of course, there are a few safety tips that you should follow. Be vigilant for phishing scams, and make sure that you’re…
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Bitcoin markets record deepest retracement since Black Thursday: Raoul Pal

With Bitcoin’s relative-strength indicator slumping to levels not seen since the March 2020’s Black Thursday crash, Raoul Pal asserts BTC is overdue for a bounce. Investment strategist Raoul Pal has identified that Bitcoin’s fortnightly relative-strength indicator, or RSI, recently fell to levels not seen since the “Black Thursday” crash of March 2020.  The Global Macro…
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