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
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info@thewolfoallstreets.io
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.