Quick cryptometrics update.
Total crypto market capitalization increased from $2.5 trillion to $2.9 trillion š.
Bitcoin's dominance is declining, but the trend is holding at 65-70% š ; a breakout of the uptrend is needed for a reversal.
Efirium is testing downtrend, in sideways āļø; need 8% breakout with consolidation for reversal.
USDT dominance broke uptrend, down to 5% š¢, which may support cryptoasset price gains; USDT capitalization is $145 billion šµ,Ā
total altcoin capitalization rises to $900 billion.
Altcoins (without top 10) formed W-pattern, broke downtrend, but traded sideways šŖ; need consolidation above $250 bln for growth.
Dollar Index is recovering, expected sideways around 100 in next 1-2 months š¹