Market Cap

The total market cap of cryptocurrencies is down 13.4% in the last 7 days. It seems to remain bearish this week as well, with no signs of a trend reversal.

Bitcoin appears to be stuck in a downtrend at the end of Q3 2021. However, retail investors are very interested in the flagship cryptocurrency, so the year could still end bullish.

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 first week of September was bullish for the entire cryptocurrency market, but this one looks to be a rough one.

The market saw massive gains throughout the month of August. However, not all cryptocurrencies traded positively.

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 settlement of the legal dispute between Ripple and the United States Securities and Exchange Commission (US SEC) is delayed. Nevertheless, the altcoin is still on the rise.

Bitcoin, the original cryptoasset, fails to challenge the $50k mark once again. While Bitcoin (BTC) is still struggling below $49,000, Solana (SOL) has overtaken Polkadot (DOT) and USD Coin (USDC) in the last 24 hours to become the world's number 8 cryptocurrency by market cap.

The digital currency market saw significant growth this week.