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Bitcoin’s dominance fuels crypto market climb to $3 trillion

by Catatonic Times
May 1, 2025
in Crypto Exchanges
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The worldwide crypto market has climbed previous the $3 trillion mark, pushed by renewed investor curiosity sparked by US coverage developments below President Donald Trump.

CoinMarketCap information exhibits that the whole worth of digital belongings surpassed $3 trillion in early buying and selling on Could 1.

Crypto Market Cap (Supply: CoinMarketCap)

Though this represents a big rebound for the market, it nonetheless lags behind the all-time excessive of $3.9 trillion recorded in December 2024. That earlier surge had coincided with mounting expectations round Trump’s return to workplace and his pro-crypto stance.

Bitcoin stays the market’s cornerstone, contributing practically $2 trillion to the general valuation. Its robust efficiency, bolstered by rising institutional inflows and relative stability throughout ongoing world commerce tensions, has widened the hole between it and altcoins.

The situations have pushed Bitcoin’s market dominance previous 64%. This metric displays the flagship crypto’s rising position as a most popular asset amongst traders looking for publicity to the rising business whereas managing threat in a unstable financial surroundings.

Bitcoin DominanceBitcoin Dominance
Bitcoin Market Dominance (Supply: CoinMarketCap)



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Tags: BitcoinsClimbcryptoDominancefuelsMarketTrillion
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