Crypto Market Cap Hits $4.18T Record; Bitcoin 57%, Ethereum 13%
Data from CoinGecko shows the total cryptocurrency market capitalization has climbed to a new all-time high of $4.18 trillion. Bitcoin’s market dominance expanded to 57.24%, while Ethereum accounted for 13.56% of the total. This milestone follows Ethereum trading just 5% below its record price of $4,640—surpassing the market caps of Netflix and Mastercard—and Bitcoin surging past $121,400 amid $370 million in liquidations. Analysts, including Tom Lee, are forecasting further upside, with Bitcoin potentially reaching $250,000 by year-end. Traders may view this broad market strength as a signal to increase exposure, though they should also monitor for profit-taking and increased volatility following such records.
Bullish
A record total market capitalization of $4.18 trillion underscores robust inflows and broad-based strength across the crypto sector. Bitcoin’s dominance above 57% and Ethereum’s 13% share highlight sustained leadership by major assets, which historically attracts new capital and fuels further price appreciation. In the short term, traders may chase momentum, driving increased trading volumes and volatility. Over the longer term, this milestone can reinforce institutional confidence and support continued bullish cycles, although participants should remain aware of potential pullbacks after all-time highs.