Cryptocurrency

bullish

Bitcoin

Trillion

<ul class="wp-block-list news-points">
 <li>Cryptocurrency market capitalization surged 7.2% in early December.</li>
 <li>Altcoins have dominated the crypto market surge since November 2024.</li>
 <li>Analysts expect more altcoins to surge amid growing bullish momentum.</li>
</ul>
TradingView’s<a href="https://www.tradingview.com/x/NQzhKEB7/" target="_blank" rel="noopener noreferrer nofollow"> data</a> reveals the cryptocurrency market capitalization surged 7.2% a few days into December to reach $3.49 trillion, marking a record for the all-important crypto metric. The recent December surge reflects the continuation of a massive rally that started after the crucial cryptocurrency metric bounced off significant support in August.
According to TradingView’s data, the cryptocurrency market cap bounced off $1.69 trillion after a 6-month decline and rallied 107% to reach a new all-time high. The crypto metric’s rally signifies a capital influx amid growing demand for digital assets.
It is worth noting that the crypto market gained $1.21 trillion in November alone, making it the most bullish month in the history of cryptocurrencies. Last November’s bull run started with a notable Bitcoin rally trailing Donald Trump’s victory in the recent U.S. presidential election. The price surge saw the pioneer cryptocurrency gain about 50% in…
The post <a href="https://coinedition.com/bitcoin-slows-altcoins-shine-crypto-hits-3-49-trillion-market-cap/" rel="noopener noreferrer nofollow">Bitcoin Slows, Altcoins Shine: Crypto Hits $3.49 Trillion Market Cap</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Slows, Altcoins Shine: Crypto Hits $3.49 Trillion Market Cap

Coin Edition

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