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Stocktwits Crypto Data Dive - Week 30
Our updated list of the market's top trends.
OVERVIEW
Stocktwits Crypto Data Dive - Week 30
Welcome to the Stocktwits Crypto Data Dive for Week 30 of 2024! 📊
In this issue, we'll dive into the data to keep you informed about the progress of the overall crypto market and shine a spotlight on emerging and established trends.
The Stocktwits Crypto Data Dive has three main objectives:
Tracking the weekly total market cap of the crypto market.
Highlighting the 25 best-performing cryptocurrencies of the week.
Monitoring the top 11 cryptocurrencies within various high-performing indices, including "Proof of Work," "Web 3," "Smart Contracts," and more!
So, without further delay, let's jump right into the data from week 30 and explore its intriguing insights! 🚀
CRYPTO
Crpyto Market Cap Update
What is the broader trend within the crypto market? The simplest way to track this is by using three market cap charts. So let's see what we got. 🔭
*the price levels and performance values may be very different from what you read in your mailbox vs. what's happening in the live market. This is especially true when crypto faces a new bull or bear run.
Total Market Cap
From the highest all-time close, $2.9 trillion, crypto is down -18.34%.
The cryptocurrency market is up +42.19% YTD and +106.78% YoY.
Altcoin Market Cap
From the highest all-time close, $1.627 trillion, the altcoin market is down -36.71%.
The altcoin market is up +28.52% YTD and +87.62% YoY.
Altcoin Market (excluding Ethereum) Cap
From the highest all-time close, $1.058 trillion, the altcoin market (ex. ETH) is down -39.87%.
The altcoin market (ex. ETH) is up +22.65% YTD and +81.88% YoY.
STOCKTWITS “TRENDS WITH FRIENDS”
The Equity/Crypto Bull Market Rages On 🤑
Stocktwits co-founder Howard Lindzon chops it up with pals JC Parets and Phil Pearlman every Thursday on "Trends With Friends."
This week, technology expert and investor Michael Parekh is back to discuss Howard’s top picks (Gold, Solana, and Bitcoin), Meta’s investment in eyewear giant Luxottica, the stock market’s broadening all-time highs, and the long-term opportunity (and challenge) for OpenAI and its competitors.