Crypto markets tag $3T combined market cap for first time

Bitcoin is still more popular than its closest rival with 40.5% of $1.22 trillion, compared to Ethereums 18.6% of $560 billion, the combined capitalization all other cryptocurrencies is only 40.9% or $1.24 Trillion– which demonstrates the growing plurality of digital property sectors.

CoinGecko reports that the total crypto capitalization exceeded its previous record of $2.62 trillion, which was set on Oct. 20, and has increased by 14.5% in 3 weeks.

CoinGecko thinks that the total cryptocurrency market cap will go beyond $3 trillion, with Bitcoin trading at 2% listed below its historic high, while Ethereum, Solana and Polkadot pushing into previously uncharted costs.

CoinGecko tracks the movements of 10,418 digital assets across 518 cryptocurrency markets.

The total crypto market cap reached a peak at $2.62 trillion in May 2018, before falling to $1.24 trillion by July 20. In the previous bull cycle, total digital possession capitalization reached an all-time high of $848.6 million on Jan. 6, 2018.

Despite Bitcoins exceptional cost gains over the previous 2 years BTCs market dominance fell by 42.8% after tagging a peak of 70.8% Sep. 6, 2019.

Related: Price wars heat up as meme tokens flood the marketplace with dogcoins and meme tokens

Messaris Ethereum screener presently tracks 209 tasks constructed on the network. According to Messari, the Ether community has a market cap currently of $829 billion, or 27.6% supremacy.
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