{"id":11651,"date":"2021-09-02T15:54:03","date_gmt":"2021-09-02T15:54:03","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/crypto-economy-gains-83-in-value-over-last-3-months-myriad-of-lesser-known-coins-spike\/"},"modified":"2021-09-02T15:54:03","modified_gmt":"2021-09-02T15:54:03","slug":"crypto-economy-gains-83-in-value-over-last-3-months-myriad-of-lesser-known-coins-spike","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/crypto-economy-gains-83-in-value-over-last-3-months-myriad-of-lesser-known-coins-spike\/","title":{"rendered":"Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike"},"content":{"rendered":"

The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn\u2019t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since the crypto economy\u2019s low point on July 19 ($1.27 trillion).<\/strong><\/p>\n

Crypto Economy Rises 83% in Value, But It Wasnt Due to Bitcoin<\/h2>\n

A lot of money has entered the crypto economy<\/a> since July 19, and the market capitalization of all the coins in existence today is worth $2.33 trillion. Up more than 5% over the last 24 hours, the crypto economy has not been this valuable in over three months. The last time the crypto economy was in the $2.33 trillion range was May 16, 2021, and prior to that date, it reached an all-time high (ATH) at $2.493 trillion. <\/span><\/p>\n<\/p>\n

On July 19, the crypto economy dropped as low as $1.27 trillion and has since gained 83% in value. In fact, the entire crypto economy<\/a> only needs to gain more than 6.995% to surpass the last record. At the time of writing, bitcoin (BTC)<\/a> has managed to hold roughly 40.5% of the $2.33 trillion as far as market dominance is concerned. However, ethereum (ETH)<\/a> has steadily moved up the ladder and now holds 19.1% of the entire crypto economy\u2019s value.<\/span><\/p>\n

<\/p>\n

A Variety of Lesser-Known Crypto Assets Gather Higher Market Dominance Levels<\/h2>\n

But those two leading crypto assets are not the only coins gathering gains and improving dominance levels. BTC<\/a>\u2019s dominance levels have slipped downward from 47% on August 1, 2021, to today\u2019s 40.5% dominance. Cardano\u2019s (ADA)<\/a> market valuation represents 4.37% of the entire crypto-economy, while binance coin (BNB)<\/a> has 3.7% of the $2.33 trillion value today. The world\u2019s largest stablecoin by market capitalization, tether (USDT)<\/a>, holds approximately 3.01% of the crypto economy\u2019s<\/a> dollar value. <\/span><\/p>\n<\/p>\n

Other notable coin market caps<\/a> include xrp (XRP<\/a>) with 2.28% dominance and dogecoin (DOGE)<\/a> with 1.78% dominance. Alongside this, many other coins have seen massive gains during the last seven days propelling their market caps higher. Ecash, formally Bitcoin ABC (XEC), is up 155.6% this week, arweave (AR) is up 116.7% in seven days, and fantom (FTM) has gained 66.4% this week. Approximately 25 crypto assets this past week have seen double-digit gains above the 10% region. <\/span><\/p>\n

What do you think about the crypto economy\u2019s 83% gain since July 19? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nMarkets and Prices, $2.33 trillion, ada, binance coin, Bitcoin, bnb, BTC, Cardano, crypto economy, Cryptocurrencies, Digital Assets, dogecoin, Dominance, Dominance Levels, ETH, Ethereum, Markets, Prices, Valuations<\/p>\n","protected":false},"excerpt":{"rendered":"

The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn\u2019t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since the crypto economy\u2019s low point on…<\/p>\n","protected":false},"author":0,"featured_media":11652,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-11651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11651"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=11651"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/11652"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=11651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=11651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=11651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}