Capitalization

The total market capitalization of cryptocurrencies is up over 15% in the last 7 days. At the beginning of the week, the market was worth $1.7 trillion. On August 15, it was around $2.0 trillion.

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.

Last week, the total market capitalization of cryptocurrencies increased from $1.379 to $1.609 trillion, an increase of about 16.7%. Cryptocurrency market review by Coinidol.com.

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.

The last week in May was a bullish period for the entire cryptocurrency market. The entire cryptocurrencies opened the week with the total market capitalization of $1.23 trillion, it kept on increasing and it is now standing at $1.558 trillion, indicating a gain of about 27%.