Crypto market in numbers
Weekly recap: crypto market rally | EXMO Info Hub
Crypto market capitalisation has grown by 10% over the past week to $2.24 trillion, according to CoinMarketCap, as of 2nd September 2021. During the same period, daily trading volumes increased by 22%.
In August, the crypto market increased by 26%. Daily trading volumes are up 64%, according to CoinMarketCap.
The market remains positive. The Fear and Greed Index remained in the “Greed” zone all week with the current value at 74 points.
Today, bitcoin once again managed to break the $50,000 mark. The first cryptocurrency closed August with a growth of 14%. From the all time high, the current BTC price is 23% lower.
Bitcoin capitalisation is close to a trillion dollars and currently stands at about $940 billion. Therefore, BTC is second only to the six largest public companies in the world in size, according to AssetDash.
Market growth over the week was a result of not only bitcoin, but also because of altcoins. At the same time, the level of dominance of BTC over the past 7 days has decreased by 2% and now is at 42%. The share of ETH during the same period increased by 1.7% to 19.7%.
On 2nd September, the Ethereum rate returned to its previous high level for the first time since 15th May, and is gradually approaching $4,000. The capitalisation of the second cryptocurrency is almost half (47%) of the Bitcoin market cap. According to the AssetDash leaderboard for assets, Ethereum moved up four positions during the week, overtaking Walmart and Samsung, and reaching 17th place |
