- The total capitalization of the current crypto market is $1.603 trillion.
Total crypto Market Capitalization Analysis
The total capitalization of the current crypto market is $1.603 trillion. The market is on the rise after falling two weeks ago to 1.492 billion on January 25. The market's seven-day high was reached last Tuesday at 1.636 trillion. This week we successfully stay above 1.576 trillion and expect to see growth in the coming days.
Technically speaking, the market value is supported by the EMA200 moving average of the previous two weeks. We had a couple of breaks below the line, but the value quickly recovered above it. This week's high was 1.62 trillion and we expect to stay above 1.6 trillion.
Since the beginning of the month, the total value of the cryptocurrency market has increased by 1.00%, and since the beginning of the year, we are at a slight decline of -0.17%.
<img decoding="async" alt="crypto Market Capitalization” width=”1024″ height=”598″ src=”https://technicalterrence.com/wp-content/uploads/2024/02/Rises-after-falling-to-1492-trillion.jpg”/>
<img decoding="async" src="https://technicalterrence.com/wp-content/uploads/2024/02/Rises-after-falling-to-1492-trillion.jpg" alt="crypto Market Capitalization” width=”1024″ height=”598″/>
crypto Market Cap Volume Is Stagnant
In the previous 24 hours, the total crypto market capitalization volume was $43.55 trillion. bitcoin's dominance in the total cryptocurrency share is slightly above 50.0%. Compared to the previous day, bitcoin dominance fell by 0.10%. The total DeFi volume is 3.8 billion or 8.7% of the total crypto market in the last 24 hours.
In the total cup of the cryptocurrency market, first place is occupied by bitcoin with $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.
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