2d ago
📈 Crypto Market Cap Surges to $3.68 Trillion on December 6, 2024, with +100% Annual Growth
The cryptocurrency market has experienced remarkable growth, reaching a total market capitalization of $3.68 trillion in December 2024. Since 2016, the market has maintained an impressive average annual growth rate of +100%.
Bitcoin dominates with a market share of $1.98 trillion (54% of the total), followed by Ethereum at $481 billion (13%). Stablecoins account for 5% of the market, reflecting demand for less volatile digital assets, while other cryptocurrencies comprise 27%, showcasing the ecosystem's diversification. Despite episodes of extreme volatility, such as in 2021 and 2022, the market has consistently expanded.