@Gianna96 7 May 2024

The last time bitcoin was hovering around 64k, the crypto's total market cap was around 3 trillion. But now even with Bitcoin's price matching, the total crypto marketcap is around 2.35 trillion. That is about 25% less. Where is the gap between the market cap of the two periods? Bitcoin price is doing pretty well. Mim coins are also performing well. But the overall performance of solid altcoins is not good. Sometimes a couple are pumping. But, most are well below the all-time-high. That is, the public's interest in Bitcoin has returned, but confidence in other projects has not increased at all. But again there are dollars in the market to play MimCoin's degen. This condition of the market is actually alarming. Because, in most cases, the market dumps the price of Bitcoin after a long period of close price. But it can be completely opposite. With the sudden surge of interest in alts, Summer Hype may also be on the way. No one is quite sure what will happen in the next few weeks no So "but", "if" in current tweets from market analysts.