The total market value of altcoins has increased by 78.16% in the past month, from $870 billion to $1.55 trillion

PANews reported on December 4 that according to Tradingview data, since November 4, the total market value of altcoins (TOTAL2, the remaining cryptocurrencies excluding BTC) has risen unilaterally, from US$870 billion to US$1.55 trillion, an increase of about 78.16%. Despite this, TOTAL2 is still lower than the early high of the bull market in November 2021, which was US$1.71 trillion.

During the same period, the total market value of cryptocurrencies (TOTAL) rose from US$2.25 trillion to US$3.46 trillion, exceeding the approximately US$3 trillion during the bull market in November 2021. The market share of Bitcoin (BTC.D) fell from 61.35% at the top of this bull market to 55.17%, but it is still higher than about 45% in the same period of 2021.