- The total market cap of cryptocurrencies today is $1.603 trillion.
Analysis of the total market capitalization of cryptocurrencies
The total market cap of cryptocurrencies today is $1.603 trillion. The market is rising after falling two weeks ago to 1.492 trillion on January 25. The market's highest level in seven days was last Tuesday at 1.636 trillion. We have successfully maintained over $1.576 trillion this week and expect to see growth in the coming days.
Technically, the market value is supported by the EMA200 moving average over the past two weeks. We had a few breakouts below the line, but the value quickly bounced back to the upside. The highest level for this week was 1.620 trillion, and we expect it to remain above 1.600 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 in a slight decline of -0.17%.
The size of the cryptocurrency market capitalization is stagnant
In the past 24 hours, the total market capitalization of cryptocurrencies reached $43.55 trillion. Bitcoin's dominance in the total share of cryptocurrencies is slightly above 50.0%. Compared to the previous day, Bitcoin dominance decreased by 0.10%. The total DeFi volume is 3.80 billion or 8.7% of the total cryptocurrency market in the last 24 hours.
In the total cryptocurrency market cup, first place is Bitcoin with $842,442,074,470, then Ethereum with $284,988,050,071, Tether in third place USDt with $96,130,840,600, followed by BNB and Solana.
