Total crypto market value breaks $1.9T for first time since May
Crypto markets recorded a notable rise, surging $700 billion, or 58%, over the past 21 days. The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion.According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9 trillion mark on Aug. 9, retouching this level for the first time since May 18.Starting July 19, cryptocurrency markets recorded a notable rise, with market value surging nearly $700 billion. The market is still down roughly $700 billion from the all-time high of....
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The crypto market has extended its losses over the past week, as it continues to gain downside momentum. Main cryptocurrencies in the top 10 by market cap are trading in the red with very few preserving some of their gains from last week. Related Reading: Bitcoin Loses Ground While Dogecoin Metrics Soar At the time of writing, the crypto total market cap stands at $1.09 trillion with a 2% loss in the 4-hour chart. The sector was rejected at the $1.2 trillion resistance and seems on track to slate more losses in the short term. Analyst Justin Bennett believes the sector could trend lower if....
Total crypto market cap briefly surpassed that of Saudi Aramco. Amid another bullish trend on cryptocurrency markets, total crypto market capitalization has broken a new historical record just unde $2 trillion.The market cap of all cryptocurrencies surpassed $1.9 trillion on March 31, according to data from major crypto monitoring resources like CoinGecko and CoinMarketCap. The total market cap reached as high as $1.99 trillion earlier on the day, hitting a new all-time record.Total market capitalization since July 2017. Source: CoinMarketCapFollowing a subsequent correction, the total....
Crypto has dropped below the $1 trillion total market capitalization and has returned to its January 2021 levels. At that time, the sector was preparing for a massive bull run that would take its market cap above the $3 trillion. Related Reading | Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined This time the sector seems to be threatening further losses and for a potential new leg down into its 2020 levels. At the time of writing, the total crypto market cap stands at $870 billion and continues to trend to the downside on the daily chart. Analyst....
Data shows the crypto futures market has observed more than $400 million in liquidations during the last 24 hours as Bitcoin breaks above $23k. More Than $400 Million In Crypto Futures Liquidated In Only The Past Day A “liquidation” occurs when losses pile up in a futures contract and eat away a specific percentage of […]
Crypto market inches closer to a $2 trillion market cap with each rally. The total market cap had crashed following its peak back in May when the entire market saw a crash across prices. Since then, the movement of the market cap has wavered between slight recoveries and dips. The total crypto market cap had crashed to as low as $1.2 trillion at some point in June. The market cap has now resumed its upward climb, seeing the price of top coins post tremendous gains in the market. Getting back up to $2 trillion remains a big point for the market in general. The total crypto market cap has....