Crypto market regained more than $130 billion in the previous week as the crypto market is currently positive
Crypto Market Regains $130 Billion
After regaining more than $130 billion in the previous week as the crypto market is currently in the green.
It’s interesting that the cryptocurrency market capitalization has increased at a time when there are worries that the sector is experiencing a cryptocurrency winter.
Despite this, over the last day, the total market capitalization of all cryptocurrencies climbed by more than 3.3%.
According to CoinMarketCap data, it increased by $133 billion over the course of the past week, rising from $832 billion on June 18 to $965 billion on June 25, a jump of 15.99 percent overall.
In terms of inflow, the flagship cryptocurrency dominates the global crypto market. The digital asset with the largest market capitalization at this time is Bitcoin (BTC), which is trading at $21,392, up 2.29 percent in the last day and 10.27 percent in the previous week.
Notably, Bitcoin’s market cap increased from $338 billion to $408 billion in the previous week. Despite the perseverance displayed this week in keeping a position above such a big mark at $20,000, the cryptocurrency may face more difficulties this weekend.
ETH, ADA, SOL, SHIB Positive
In other news, Ethereum, the second-largest asset by market size, has reclaimed the key $1,200 barrier and is now trading at $1,223, up 6.05 percent today and 21.36 percent in the past week, with a total market cap of $148 billion.
At the time of publication, the trade of other popular cryptocurrencies like Cardano (ADA), Solana (SOL), and Shiba Inu (SHIB) was positive.