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Just checked the crypto market and the total cryptocurrency market capitalization is sitting at $2.63 trillion right now. That's a solid 4.62% jump in the last 24 hours, which means we added around 116 billion in value. Pretty decent move honestly.
What caught my eye is the dominance breakdown. Bitcoin's still holding strong at 56.87% of the total cryptocurrency market capitalization, while Ethereum's sitting at 10.97%. So basically Bitcoin and Ethereum together make up about 67% of the entire market. That's a lot of weight on just two assets.
When the total cryptocurrency market capitalization moves like this, it usually signals some positive momentum across the board. Worth keeping an eye on where this goes next.