- The crypto market capitalization has increased slightly in the last 24 hours.
- BTC and ETH’s price increase contributed to the increase in the market cap.
The cryptocurrency market recently experienced a slight increase in market capitalization. This growth was largely driven by the prices of Bitcoin [BTC] and Ethereum [ETH], which dominate the market.
Additionally, both assets have been experiencing significant accumulation volume recently.
Bitcoin, Ethereum contribute to market increase
According to data from CoinMarketCap, the cryptocurrency market’s market capitalization has increased by over 1% in the last 24 hours.
Currently, the market cap stands at over $2.6 trillion. The analysis revealed that Bitcoin accounts for over 53% of the market cap, amounting to approximately $1.4 trillion, while Ethereum holds nearly 18%, valued at around $463 billion.
Source: CoinMarketCap
Further analysis revealed that the market capitalization increased by almost $1 trillion from the end of last month to now.
At the end of May, the market cap was approximately $1.54 trillion. Currently, it stands at around $2.54 trillion, indicating an increase of nearly $1 trillion.
Bitcoin, Ethereum see increased accumulation
Recent analysis indicates an increase in the accumulation of Bitcoin and Ethereum over the past few days. This accumulation coincides with notable price movements, contributing to the rise in market capitalization.
According to data from CryptoQuant, the wallet reserves holding between 1,000 and 10,000 Bitcoins have been increasing.
These wallets now collectively hold over 3.6 million BTC, indicating substantial accumulation despite recent price fluctuations.
Further analysis showed that this trend has been ongoing since March. Additionally, the wallets in the 1,000 BTC category now account for about 40% of the total Bitcoin supply.
Additionally, data indicates that Ethereum has been experiencing increased accumulation by large addresses.
The chart reveals an upward trend in accumulation from wallets holding between 10,000 and 100,000 ETH. These addresses now hold over 340,000 ETH, valued at more than $1.3 billion.
Ethereum sees more holders than Bitcoin
Bitcoin and Ethereum have both experienced increased accumulation, but Ethereum currently has more holders.
According to data from Santiment, the number of Ethereum holders has surged in recent years, reaching nearly 123 million. In contrast, the number of Bitcoin holders stands at around 54.2 million.
Source: Santiment
This indicates that the number of Ethereum holders is more than double that of Bitcoin holders. A major reason for this could be the cost of entry into these assets.
Currently, Bitcoin’s value has increased again, with predictions of further rises in the future.
This increase may drive more traders toward alternative assets like Ethereum and others, subsequently impacting the prices of these assets.
How ETH, BTC have trended in the last 24 hours
AMBCrypto’s daily analysis of Ethereum revealed a positive price movement on 5th June, with a 1.48% increase, bringing its price to around $3,866.
Despite recent struggles, Ethereum has managed to stay within this price range. As of this writing, it is still trading in the $3,800 range, with a decline of less than 1%.
Source: TradingView
Additionally, an analysis of Ethereum’s Relative Strength Index (RSI) indicated that it remains in a strong bull trend. As of this writing, its RSI is above 65.
Analysis of the Bitcoin price trend showed positive bounces over the past few days. The chart indicated a five-day consecutive rise, taking its price from around $67,700 to over $71,000.
Source: TradingView
Read Bitcoin (BTC) Price Prediction 2024-25
By the end of trading on 5th June, Bitcoin was trading at approximately $71,121, marking an increase of almost 1%. As of this writing, it has slightly declined to the $70,000 region, with a decrease of less than 1%.
According to its RSI, BTC remained in a bull trend despite the recent price decline. The RSI was above 60 as of this writing.
- The crypto market capitalization has increased slightly in the last 24 hours.
- BTC and ETH’s price increase contributed to the increase in the market cap.
The cryptocurrency market recently experienced a slight increase in market capitalization. This growth was largely driven by the prices of Bitcoin [BTC] and Ethereum [ETH], which dominate the market.
Additionally, both assets have been experiencing significant accumulation volume recently.
Bitcoin, Ethereum contribute to market increase
According to data from CoinMarketCap, the cryptocurrency market’s market capitalization has increased by over 1% in the last 24 hours.
Currently, the market cap stands at over $2.6 trillion. The analysis revealed that Bitcoin accounts for over 53% of the market cap, amounting to approximately $1.4 trillion, while Ethereum holds nearly 18%, valued at around $463 billion.
Source: CoinMarketCap
Further analysis revealed that the market capitalization increased by almost $1 trillion from the end of last month to now.
At the end of May, the market cap was approximately $1.54 trillion. Currently, it stands at around $2.54 trillion, indicating an increase of nearly $1 trillion.
Bitcoin, Ethereum see increased accumulation
Recent analysis indicates an increase in the accumulation of Bitcoin and Ethereum over the past few days. This accumulation coincides with notable price movements, contributing to the rise in market capitalization.
According to data from CryptoQuant, the wallet reserves holding between 1,000 and 10,000 Bitcoins have been increasing.
These wallets now collectively hold over 3.6 million BTC, indicating substantial accumulation despite recent price fluctuations.
Further analysis showed that this trend has been ongoing since March. Additionally, the wallets in the 1,000 BTC category now account for about 40% of the total Bitcoin supply.
Additionally, data indicates that Ethereum has been experiencing increased accumulation by large addresses.
The chart reveals an upward trend in accumulation from wallets holding between 10,000 and 100,000 ETH. These addresses now hold over 340,000 ETH, valued at more than $1.3 billion.
Ethereum sees more holders than Bitcoin
Bitcoin and Ethereum have both experienced increased accumulation, but Ethereum currently has more holders.
According to data from Santiment, the number of Ethereum holders has surged in recent years, reaching nearly 123 million. In contrast, the number of Bitcoin holders stands at around 54.2 million.
Source: Santiment
This indicates that the number of Ethereum holders is more than double that of Bitcoin holders. A major reason for this could be the cost of entry into these assets.
Currently, Bitcoin’s value has increased again, with predictions of further rises in the future.
This increase may drive more traders toward alternative assets like Ethereum and others, subsequently impacting the prices of these assets.
How ETH, BTC have trended in the last 24 hours
AMBCrypto’s daily analysis of Ethereum revealed a positive price movement on 5th June, with a 1.48% increase, bringing its price to around $3,866.
Despite recent struggles, Ethereum has managed to stay within this price range. As of this writing, it is still trading in the $3,800 range, with a decline of less than 1%.
Source: TradingView
Additionally, an analysis of Ethereum’s Relative Strength Index (RSI) indicated that it remains in a strong bull trend. As of this writing, its RSI is above 65.
Analysis of the Bitcoin price trend showed positive bounces over the past few days. The chart indicated a five-day consecutive rise, taking its price from around $67,700 to over $71,000.
Source: TradingView
Read Bitcoin (BTC) Price Prediction 2024-25
By the end of trading on 5th June, Bitcoin was trading at approximately $71,121, marking an increase of almost 1%. As of this writing, it has slightly declined to the $70,000 region, with a decrease of less than 1%.
According to its RSI, BTC remained in a bull trend despite the recent price decline. The RSI was above 60 as of this writing.
Great write-up, I’m regular visitor of one’s website, maintain up the nice operate, and It’s going to be a regular visitor for a long time.
Excellent web site. A lot of helpful information here. I am sending it to some friends ans additionally sharing in delicious. And certainly, thanks on your effort!
Wow, awesome blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is excellent, let alone the content!
Very interesting information!Perfect just what I was searching for! “I have a hundred times wished that one could resign life as an officer resigns a commission.” by Robert Burns.
I conceive this website contains some rattling good information for everyone : D.
Purdentix review
Purdentix
Purdentix reviews
It provides an excellent user experience from start to finish.
The design and usability are top-notch, making everything flow smoothly.
The content is engaging and well-structured, keeping visitors interested.
This website is amazing, with a clean design and easy navigation.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
The layout is visually appealing and very functional.
This website is amazing, with a clean design and easy navigation.
This website is amazing, with a clean design and easy navigation.
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You obviously know what youre talking about, why throw away your intelligence on just posting videos to your weblog when you could be giving us something enlightening to read?
Purdentix reviews
I’ve been exploring for a little bit for any high-quality articles or weblog posts in this sort of house . Exploring in Yahoo I finally stumbled upon this site. Studying this info So i am satisfied to convey that I have a very excellent uncanny feeling I found out exactly what I needed. I most indisputably will make certain to don’t put out of your mind this site and give it a glance on a constant basis.
of course like your web site however you need to test the spelling on several of your posts. Several of them are rife with spelling issues and I to find it very bothersome to inform the reality nevertheless I’ll certainly come back again.
I truly appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thank you again
установка натяжных потолков недорого http://potolkilipetsk.ru .
can i get cheap clomiphene order generic clomiphene without a prescription can i buy cheap clomid tablets where can i get clomid where to buy generic clomiphene cost of cheap clomiphene without insurance how can i get clomiphene price
This website exceedingly has all of the information and facts I needed about this thesis and didn’t know who to ask.
This is the compassionate of scribble literary works I positively appreciate.
zithromax where to buy – buy generic tindamax over the counter buy metronidazole 400mg without prescription
buy semaglutide online – buy cyproheptadine generic cyproheptadine brand
domperidone online order – order tetracycline 500mg without prescription purchase cyclobenzaprine generic
how to get inderal without a prescription – oral clopidogrel 150mg methotrexate usa
clavulanate cheap – atbioinfo ampicillin canada
esomeprazole us – https://anexamate.com/ buy nexium 20mg sale
order mobic online cheap – mobo sin meloxicam 15mg price
Enjoyed reading through this, very good stuff, thankyou. “A man may learn wisdom even from a foe.” by Aristophanes.
order prednisone 10mg – corticosteroid brand prednisone
natural pills for erectile dysfunction – https://fastedtotake.com/ generic ed drugs
amoxil medication – buy cheap generic amoxicillin amoxicillin tablets
buy diflucan 200mg sale – fluconazole 200mg drug buy diflucan 100mg pill
brand cenforce 100mg – https://cenforcers.com/# cenforce usa
how long does cialis take to work 10mg – https://ciltadgn.com/# evolution peptides tadalafil
buy zantac 150mg sale – https://aranitidine.com/# buy zantac 300mg generic
how to buy tadalafil online – https://strongtadafl.com/# cialis coupon 2019
I view something genuinely interesting about your blog so I saved to my bookmarks.
The depth in this tune is exceptional. gnolvade.com
sildenafil 100 mg, – click viagra cialis pills
This is the big-hearted of writing I truly appreciate. purchase gabapentin generic
I couldn’t resist commenting. Adequately written! https://ursxdol.com/cenforce-100-200-mg-ed/
This website absolutely has all of the bumf and facts I needed adjacent to this subject and didn’t identify who to ask. https://prohnrg.com/product/orlistat-pills-di/
Good day! I know this is kind of off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had problems with hackers and I’m looking at alternatives for another platform. I would be fantastic if you could point me in the direction of a good platform.
I am in fact enchant‚e ‘ to gleam at this blog posts which consists of tons of profitable facts, thanks towards providing such data. prix stromectol
With thanks. Loads of knowledge! https://ondactone.com/product/domperidone/
More posts like this would make the blogosphere more useful.
nexium medication
Greetings! Utter useful suggestion within this article! It’s the crumb changes which liking make the largest changes. Thanks a quantity in the direction of sharing! http://iawbs.com/home.php?mod=space&uid=914826
hello!,I really like your writing so so much! proportion we keep up a correspondence extra approximately your article on AOL? I need a specialist in this area to resolve my problem. Maybe that’s you! Having a look forward to peer you.
I like this weblog so much, saved to favorites.