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Crypto Market Cap: Rise After Falling to $1.492 Trillion

Crypto Market Cap: Rise After Falling to $1.492 Trillion

Today’s crypto total market cap is $1.603 trillion.

Crypto total market cap analysis

Today’s crypto total market cap is $1.603 trillion. The market is on the rise after falling two weeks ago to 1.492 trillion on January 25th. The seven-day market high was last Tuesday at 1.636 trillion. We are successfully holding above 1.576 trillion this week and expect to see growth in the coming days.

Technically speaking, the value of the market is supported by the EMA200 moving average in the previous two weeks. We had a couple of breakouts below the line, but the value quickly bounced back above. This week’s high was 1.620 trillion, and we expect to hold above 1.600 trillion.

Since the beginning of the month, the total value of the crypto market has increased by 1.00%, and since the beginning of the year, we are in a slight decline of -0.17%.

The volume of the crypto market cap is stagnant

In the previous 24 hours, the total crypto market cap volume was 43.55 trillion dollars. The dominance of Bitcoin in the total crypto share is slightly above 50.0%. Compared to the previous day, Bitcoin’s dominance fell by 0.10%. The total volume in DeFi is 3.80 billion or 8.7% of the total crypto market in the last 24 hours.

In the total crypto market cup, first place is Bitcoin at $842,442,074,470, then Ethereum with $284,988,050,071 and Tether in third place USDt with $96,130,840,600, followed by BNB and Solana.

The post Crypto Market Cap: Rise After Falling to $1.492 Trillion appeared first on FinanceBrokerage.

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