ChainCatcher news, according to Cointelegraph, the cryptocurrency market capitalization has reached a historic high of $3.12 trillion, now approaching that of France's Gross Domestic Product (GDP).If the cryptocurrency market were considered a country, its GDP would rank eighth, only behind the United States, China, Germany, Japan, India, the United Kingdom, and France. Meanwhile, the market capitalization of Bitcoin alone has surpassed $1.77 trillion, exceeding Spain's GDP.

ChainCatcher news, according to CoinGecko data, the total cryptocurrency market capitalization has rebounded to over $2.5 trillion, currently reported at $2.509 trillion, with a 24-hour increase of 2.2%.

ChainCatcher news, according to Cointelegraph, Bitcoin accounted for 53% of the total cryptocurrency market capitalization in the third quarter, a quarter-over-quarter increase of 2.7%, marking the largest share since April 2021.

ChainCatcher news, according to CoinGecko data, TRX's market capitalization has surpassed TON, ranking tenth in cryptocurrency. Currently, TRX's market capitalization is approximately $13,895,936,891, while TON's market capitalization is about $13,871,603,487.

ChainCatcher news, according to CoinGecko statistics, the largest single-day drop in cryptocurrency market capitalization in 2024 was 8.4%, occurring on March 20. Although there was a recent consecutive decline of 4 days, which caused the total cryptocurrency market capitalization to shrink from $2.44 trillion on August 2 to $1.99 trillion on August 6, these declines are not significant enough to be considered a market correction.At the same time, the largest single-day pullback experienced by the global cryptocurrency market in the past decade occurred during the Covid-19 crash on March 13, 2020, with a drop of 39.6%, as massive sell-offs led to a plummet in total cryptocurrency market capitalization from $223.74 billion to $135.14 billion.

ChainCatcher news, according to data disclosed by CoinGecko on the X platform, the total market capitalization of cryptocurrencies fell by 14.4% ($408.8 billion) in the second quarter of 2024, dropping to $2.43 trillion, fluctuating basically between $2.30 trillion and $2.90 trillion.While the cryptocurrency market declined, the S&P 500 index rose by 3.9%, leading to a significant decrease in the correlation between cryptocurrency market capitalization and the S&P 500 index, from 0.84 in the first quarter to 0.16 in the second quarter.In addition, cryptocurrency volatility remained high in the second quarter, with an annualized volatility of total market capitalization reaching 48.2%, and Bitcoin's annualized volatility at 46.7%. In contrast, the volatility of the S&P 500 index was much lower, at 12.7%.

ChainCatcher news, according to the cryptocurrency industry report released by CoinGecko for Q2 2024, the total cryptocurrency market capitalization fell by 14.4% in the second quarter, settling at $2.43 trillion.Key highlights of the report include: Bitcoin miner hash rate decreased by 18.8%, marking the first quarterly decline since Q2 2022; Meme Coins, artificial intelligence, and real-world assets (RWA) emerged as the hottest categories, accounting for 77.5% of network traffic; Ethereum supply increased by 120,818 ETH; centralized exchange spot trading volume decreased by 12.2%, while decentralized exchange spot trading volume increased by 15.7%.

ChainCatcher news, HashKey Capital released the June monthly report, the main content includes:Due to negative news and a lack of catalysts, the total market capitalization of the crypto market decreased by 7%. Nevertheless, the adjusted total value locked (TVL) grew by 6.7%, surpassing the decline in market capitalization.The number of active wallets for Bitcoin and Ethereum increased by 26% and 34% respectively, with the number of users holding more than 1 Bitcoin exceeding 1 million for the first time.Activity in L2 and L3 significantly increased, with Bitcoin's trading range in June between $60,000 and $64,000.Despite a decline in trading volume on centralized exchanges (CEX), decentralized exchanges (DEX) experienced their best performance in three months.Overall, although the market performance in June was weak, several positive indicators show that the fundamentals of the crypto market remain solid, with potential for continued growth in the future.

According to ChainCatcher news, the Web3 asset data platform RootData has monitored that the market capitalization of BONK has exceeded 2.808 billion USD, surpassing OP (Optimism), ranking 39th in the cryptocurrency market capitalization leaderboard. Its token has increased by 10.33% in the last 24 hours, currently priced at 0.000041 USD.

ChainCatcher news, according to data from coingecko, the market capitalization of FLOKI has exceeded 2.465 billion USD, surpassing SUI (with a market cap of approximately 2.422 billion USD), ranking 54th in the cryptocurrency market cap leaderboard. Its token has increased by 12.9% in the last 24 hours, currently priced at 0.0002543 USD.

ChainCatcher news, according to coingecko data, the market capitalization of PEPE has exceeded 6.7 billion USD, surpassing MATIC (with a market cap of approximately 6.677 billion USD), ranking 21st in the cryptocurrency market capitalization leaderboard.In addition, its token has increased by 6.1% in the last 24 hours, currently priced at 0.00001603 USD, continuing to set a new all-time high.

ChainCatcher news, according to coingecko data, PEPE's market capitalization has exceeded 6.5 billion USD, surpassing LTC (with a market cap of approximately 6.36 billion USD), ranking 22nd in the cryptocurrency market capitalization leaderboard. Its token has risen by 13% in the last 24 hours, currently priced at 0.00001548 USD.

ChainCatcher news, according to coingecko data, the market capitalization of PEPE has exceeded 6.1 billion USD, surpassing ICP (with a market cap of approximately 5.966 billion USD), ranking 24th in the cryptocurrency market capitalization leaderboard.

ChainCatcher news, according to Coingecko data, the market capitalization of TON has surpassed 24.5 billion USD, currently reaching 24,562,397,988 USD, now exceeding Dogecoin and returning to the ninth place in the cryptocurrency market capitalization ranking.

ChainCatcher message, Binance Research released the April cryptocurrency market report, with the following key points:The total market capitalization of cryptocurrencies decreased by 11.3% in April, primarily due to changes in interest rate cut expectations, geopolitical risks, and a slowdown in Bitcoin spot ETF flows;The total supply of dollar-pegged stablecoins reached a two-year high. The supply of USDT and USDC has been steadily increasing, indicating ongoing capital inflows into the cryptocurrency market;Most of the top ten tokens by market capitalization were in a downward trend by the end of the month, with TON and BNB rising by 1.0% and slightly falling by 1.4%, respectively. ETH and BTC both dropped by around 8% in April, while XRP and SHIB fell by 17.1% and 19.2%, respectively. DOGE, ADA, SOL, and AVAX were down by about 30% by the end of the month;The overall TVL of DeFi decreased by 0.7% in April. Among the top ten blockchains, Merlin Chain had the fastest TVL growth, increasing by 1000%, with a TVL exceeding $1 billion;The NFT market also saw a decline in April, with total monthly sales dropping by 21% to $1.11 billion. Four of the top five NFT collections by sales that month belonged to the Bitcoin ecosystem.

ChainCatcher news, according to Coingecko data, the MemeCoin PEPE's market capitalization has surpassed that of the Ethereum L2 network Optimism, with PEPE's market cap reaching $3,786,832,415, ranking it forty-first in the cryptocurrency market capitalization.In addition, Optimism's market cap is approximately $3,698,579,170.

ChainCatcher news, Binance Research has released the 2023 Annual Review Report, which provides a comprehensive analysis of the previous year's performance in the cryptocurrency market. The report shows that, driven by significant increases in the first and fourth quarters, the cryptocurrency market capitalization grew by 109% in 2023; Web3 projects attracted 1,173 investments, totaling $9 billion; the total value locked (TVL) in decentralized finance (DeFi) rose by 38.9% year-on-year; and the global stablecoin market capitalization overall declined by 5.2% in 2023.Binance Research also offers exclusive insights into eight major trends in the cryptocurrency asset industry for 2024 through professional analysis. These trend themes include: developments related to the Bitcoin ecosystem, ownership economy, artificial intelligence (AI), real-world assets (RWA), on-chain liquidity, and institutional-level adoption, among others.

ChainCatcher news, today's total cryptocurrency market capitalization is $1,684.259 billion, up 2.88% in the past 24 hours; the 24-hour trading volume is $74.216 billion, with BTC's market share reaching 51.40%.

ChainCatcher news, Bitfinex analysts indicate that the potential market value of the crypto economy could rise to $3.2 trillion in the context of historical pullbacks and market fluctuations. The latest Bitfinex Alpha report states that the cryptocurrency fear and greed index has shifted to "extreme greed," suggesting that Bitcoin is at a mid-cycle peak in a bull market, indicating that the market is in a vibrant phase. Bitfinex researchers explain that the growing interest of institutional investors in crypto assets, particularly Bitcoin, is crucial. The highly anticipated spot Bitcoin ETF serves as a catalyst, potentially redirecting some funds into higher-risk crypto assets. Nevertheless, Bitfinex strategists state that Bitcoin is expected to maintain its favored position in institutional portfolios, especially in the first half of 2024.