In the last 7 days, the total cryptocurrency market cap has increased by about 5.7% (from $2.074T to $2.114T). As of the weekend, the total crypto market capitalization stands at $2.114 trillion. During the week, it recorded a low of $1.902T and a high of $2.2T.
The total market capitalization of cryptocurrencies has increased by about 30% in the last 30 days. It rose from $1,643T to $2,126T now. During the previous monthly trading period, the total crypto market capitalization recorded a high of $2.164T and a trading volume of $111.289B.
The month of July was not favorable for most of the popular cryptocurrencies in the market. During the month, the total market capitalization and trading volume of cryptocurrencies reached a low of $1.187 billion and $63.409 billion, respectively.
In the last 30 days, the total cryptocurrency market capitalization for over 11,125 tokens in the world increased from $1.367 trillion to $1.623 trillion. The growth of the market cap can be attributed to the increasing use of digital currencies and non-fungible tokens (NFTs) in the ongoing Summer Olympics 2020.
All of last week was a bearish trading period for almost all popular cryptocurrencies on the market, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and others. The total crypto market capitalization fell over 10% in the last 7 days.