At the moment of press, overall marketcap of cryptocoins, that are represented at Coinmarketcap, reached $200,849,000,000.
Total Market Capitalization
The overall growth of the market is largely due to the recent sudden rise in the bitcoin price above $ 7000, the capitalization of which has already exceeded $ 120B. At that, the index of dominance of the first crypto currency is 61.2%. This means that the demand for bitcoin is higher than for all other cryptocoins combined.
Percentage of Total Market Capitalization (Dominance)
Also, many altcoins are now showing growth, adjusting up after a deep dump. Among the top 10 caps on the Coinmarketcap rating, Bitcoin Cash continues to be the growth leader (+ 16% for the day and + 87% for the last 7 days).
Top ten cryptocurrencies
The total daily trading volume of crypto-currencies also reached record values ($ 9.4 billion).
It should also be noted that at the beginning of this year, the market capitalization of the cryptocurrency hardly exceeded the level of $ 18 billion. Consequently, in less than a year the market of cryptocurrencies grew more than tenfold.