The Bitcoin (BTC) market and cryptocurrencies is more valuable than ever before. The assessment of this financial sector marked a new record that approaches the USD 4 billion (Trillionsin English).
According to data Coinmarketcap, the market capitalization of cryptocurrencies, as a whole, is in USD 3.89 billion. It is a new historical maximum for the valuation of digital assets.
In a year, Cryptocurrency market capitalization has increased by 90%moving from 2 billion dollars in July 2024, to the current figure, as seen in the following graph.
Bitcoin, by itself, has a market capitalization of 2.36 billion dollars, followed by Ether (ETH), the cryptocurrency of the Ethereum Network, whose valuation is 435.2 billion dollars, currently.
For their part, the stablecoins, which are cryptocurrencies whose value is generally anchored to the Fíat money, like the US dollar; They have a market capitalization of 242,440 million dollars.
Other cryptoactives, meanwhile, accumulate a capitalization of 846,650 million dollars.
In general, Bitcoin remains the undisputed leader of the digital asset market, with a dominance of 60.9% of the entire sector. ETH, meanwhile, only dominates 11.2%.
The increase in cryptoactive market capitalization responds to the appreciation that cryptocurrencies have had, A factor driven by the current bullish market. Therefore, it is feasible that this figure continues to increase for the rest of the year because, as reported by cryptootics, bullish expectations continue.
