The general crypto market cap is now standing at $1 trillion after this recent market pump. This is the first time we are attaining the $1 trillion market cap the past two months. It has been a tough journey for the entire crypto enthusiasts and the projects in particular. Now, with ETH market dominance going slightly up at 18%, we might see some nice pumps from many ALTs going into the weekend. That is, if the current pump scenario will continue the next 24 hours. We are still not there yet, but time is surely of essence. Bull market will surface someday again.
2 comments
What is notable in these stats is BTC loosing it's Crypto share . It was more then 82% by value in 2019 which declined sharply.
It shows that ALTs are performing very well and much don't rely on BTC movement for their own performance. With time, we'll see more decline in BTC dominance.