Total 3 is a chart of the entire market cap of crypto excluding BTC and ETH. It is a decent measure of the altcoin market as a whole.
It shows an interesting picture for altcoins. While Bitcoin made a new all time high, it is very clear that ETF money does not trickle down into the rest of the crypto market. Total 3 is barely over 50% of the all time high from 2021, when it reached $1.131T. It is currently at $597.2T.
Bears will tell you that altcoins are dead. Bulls will tell you that a massive altseason is inevitable.
It is up to you to choose, but it is clear that alts have a lot of catching up to do.
It shows an interesting picture for altcoins. While Bitcoin made a new all time high, it is very clear that ETF money does not trickle down into the rest of the crypto market. Total 3 is barely over 50% of the all time high from 2021, when it reached $1.131T. It is currently at $597.2T.
Bears will tell you that altcoins are dead. Bulls will tell you that a massive altseason is inevitable.
It is up to you to choose, but it is clear that alts have a lot of catching up to do.
info@thewolfoallstreets.io
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
info@thewolfoallstreets.io
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.