2021-04-04 09:51:16
One of the impressive manifestations of the bullish cycle of the cryptocurrency market is the rapid growth of its total capitalization, which today reached $ 2 trillion.
According to cryptocurrency data aggregator CoinGecko, the total capitalization of the cryptocurrency market was $ 1,999 billion on April 3, which, if not quibble, is $ 2 trillion.
Who do you need to thank for the growth of the cryptocurrency market today? - Not bitcoin. The main cryptocurrency has been moving sideways for several weeks at the level of $ 60 thousand and below it. At the same time, there is a gradual decrease in the dominance of bitcoin, which has already fallen below 59%.
As you know, the sideways movement of bitcoin and its slow growth are ideal conditions for the altcoin season. It is to its beginning that the capitalization of the cryptocurrency market owes its growth.
The drivers of the altcoin season are the largest of them - today it is Ethereum, which at the time of publication has a capitalization of $ 242 billion, and firmly took third place in the Binance Coin (BNB) rating with a capitalization of $ 53 billion. Both altcoins this week renewed their all-time highs - $ 2100 and $ 350, respectively.
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