CoinWorld News reports that cryptocurrency analyst Michaël van de Poppe pointed out that the total market capitalization of altcoins (Total3) is at a critical support level of approximately $784 billion and is gradually rebounding. The current market cap exceeds $879 billion, with the potential to challenge the previous all-time high of nearly $1.2 trillion. The analyst believes that market saturation and liquidity changes caused by ETFs are the reasons why the previous altcoin bull market did not start as expected.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
GateUser-bd346df0
· 01-06 04:56
Thank you very much for the useful and outstanding information. Great content.
CoinWorld News reports that cryptocurrency analyst Michaël van de Poppe pointed out that the total market capitalization of altcoins (Total3) is at a critical support level of approximately $784 billion and is gradually rebounding. The current market cap exceeds $879 billion, with the potential to challenge the previous all-time high of nearly $1.2 trillion. The analyst believes that market saturation and liquidity changes caused by ETFs are the reasons why the previous altcoin bull market did not start as expected.