The capitalization of the crypto market is $1.276 trillion and is near the minimum value over the past 12 months. At the same time, the share of BTC in the market is growing, while ETH maintains its positions, which indicates a gradual outflow of funds from other cryptocurrencies. Although alts shoot on occasion, but in the long term, there is less and less faith in them
Since May 13, Bitcoin has been stuck in the sideways range of $31.3k - $28.6k. As the meme wisdom says, “the spring is compressing”, but now we are not talking about X, the buyer’s activity is low and this does not allow BTC to continue recovering after the local bottom on May 12
