The cryptocurrency economy has managed to surpass $ 2 trillion in total value, which has not been seen in more than two months. Over the past week, some popular digital assets have seen single-digit gains, but there are several cryptocurrencies that have also seen weekly double-digit gains.
Crypto economy jumps more than $ 2T, a handful of crypto systems make double-digit profits on a weekly basis
At the time of writing, the total estimate of the current 11,335 cryptocurrencies exceeded $ 2 trillion. Across the board, prices for cryptocurrencies have improved over the past month and the past seven days. On Friday, thousands of traded digital currencies accounted for about $ 134 billion in World Trade. The market capitalization of the crypto economy on Friday was $ 2 105 153 248 638, which has exceeded 24% in the last 7 hours.
The total market capitalization of the cryptocurrency on August 20, 2021.
Of the $ 2.1 trillion, bitcoin’s (BTC) market capitalization of $ 883 billion is 42% of the total value, while ethereum (ETH) is 17.9%. While BTC’s dominance among 11,000 crypto assets has decimated, ETH’s dominance has not increased as much as it has a handful of crypto assets that have made double-digit profits. Cardano (ADA), for example, has jumped more than 18% in the last 24 hours and is now in third place in terms of market capitalisation.
While Ethereum’s dominance remains stable and bitcoin’s dominance wanes, alternative crypto asset markets are gaining new dominance
The island has a market capitalization of about $ 80 billion, accounting for 3.94% of the $ 2.1 trillion crypto economy. The total value of Binance Coin (BNB) is approximately $ 72 billion, accounting for 3.55% of the total market valuation.
Tether (3.17%), xrp (2.42%) and Dogecoin (2.06%) have a market capitalization of over 2% in terms of market valuation dominance. Once again, crypto tokens such as audius( ses), avalanche (AVAX), arweave( AR) terra( Dec) and Solana (sol) increased from 74% to 120% in Seve
