• bitcoinBitcoin$65,372.001.91%
  • ethereumEthereum$4,180.408.20%
  • ElrondElrond$246.493.05%

Crypto Economy Increases 83% in Value Over Previous Three Months, Several Lesser-Known Coins Grow

The overall market cap of crypto, which includes over 10,000 digital assets, has reached a high of $2.33 trillion after an increase of 5% on Thursday. The crypto economy hasn’t seen such highs since mid-May.

The previous time when the crypto economy was somewhere near the $2.33 trillion level was on May 16th, 2021. The ATH of the crypto market, of $2.493 trillion, still hasn’t been surpassed.

On July 19th, the crypto economy fell to just $1.27 trillion. But since then it has grown by 83%. In fact, the crypto economy only has to grow over 6.995% in order to establish a new ATH.

Bitcoin represents about 40.5% of the $2.33 trillion, with Ethereum taking second place with 19.1% of the entire crypto market cap.

This represents a fall for Bitcoin from August 1st when it totalled 47%.

Meanwhile, Cardano holds 4.37% of the crypto economy and BNB 3.7%. Tether is also notable for holding about 3.01%. XRP has a dominance of 2.28% and DOGE of 1.78%.

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