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Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve -Breaking

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Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve

In the past 24 hours, crypto market capitalizations have fluctuated between $1.19 trillion – $1.36 billion. That is only 13%. During the same time, Bitcoin’s (BTC) 3.5% and Ether’s (ETHThese gains are still not very encouraging.

The crypto market’s total decline has been 43% so far in two months. This means that investors will not be celebrating even if there is a break to the upside of the descending triangle.

Source: TradingView TradingView
Crypto Fear & Greed Index. Source: alternative.me
Weekly losers and winners among top 80 coins Source: Nomics
(USDT) peer-to-peer vs. . Source: OKX
Rate of accrued perpetual futures financing rate as at June 3 Source: Coinglass