#CryptoMarket4T The crypto market has just crossed the symbolic threshold of 4,000 billion dollars in capitalization, a level unmatched since the 2021 bull run. However, this surge goes far beyond a simple speculative rebound. It reflects a redirection of capital towards major assets, a renewed confidence from investors, and a silent transformation of trading infrastructures. More than a comeback, it seems to mark a new phase of maturity for the crypto ecosystem.
The rise of leaders: Bitcoin, Ethereum, and XRP at the forefront
Driven by a massive inflow of capital, the crypto market experienced a significant rebound in the second quarter of this year. The CoinGecko report highlights a clear concentration around Bitcoin, which absorbs the majority of flows, propelling the crypto market capitalization to 3.8 T$ just a few days ago.
Capital has massively moved towards Bitcoin, pushing its market dominance beyond 62%, while altcoins struggle to regain momentum. Ethereum also stands out by maintaining and strengthening its position among key assets, with a market share of 10.8%.
Together, these two assets now represent more than 70% of the total capitalization, signaling a return to values perceived as "safe havens" in an still volatile context.
However, it is undoubtedly XRP that causes the most remarkable surprise this quarter. The crypto shows spectacular growth, becoming the third largest market capitalization, driven by exceptional dynamics in Asian markets. In South Korea, trading activity on Upbit, one of the country’s main exchanges, has surged.