• Cryptocurrency market capitalization surged 7.2% in early December.
• Altcoins have dominated the crypto market surge since November 2024.
• Analysts expect more altcoins to surge amid growing bullish momentum.

TradingView’s data reveals the cryptocurrency market capitalization surged 7.2% a few days into December to reach $3.49 trillion, marking a record for the all-important crypto metric. The recent December surge reflects the continuation of a massive rally that started after the crucial cryptocurrency metric bounced off significant support in August.

According to TradingView’s data, the cryptocurrency market cap bounced off $1.69 trillion after a 6-month decline and rallied 107% to reach a new all-time high. The crypto metric’s rally signifies a capital influx amid growing demand for digital assets.

It is worth noting that the crypto market gained $1.21 trillion in November alone, making it the most bullish month in the history of cryptocurrencies. Last November’s bull run started with a notable Bitcoin rally trailing Donald Trump’s victory in the recent U.S. presidential election. The price surge saw the pioneer cryptocurrency gain about 50% in…

The post Bitcoin Slows, Altcoins Shine: Crypto Hits $3.49 Trillion Market Cap appeared first on Coin Edition.

• Cryptocurrency market capitalization surged 7.2% in early December.
• Altcoins have dominated the crypto market surge since November 2024.
• Analysts expect more altcoins to surge amid growing bullish momentum.

TradingView’s data reveals the cryptocurrency market capitalization surged 7.2% a few days into December to reach $3.49 trillion, marking a record for the all-important crypto metric. The recent December surge reflects the continuation of a massive rally that started after the crucial cryptocurrency metric bounced off significant support in August.

According to TradingView’s data, the cryptocurrency market cap bounced off $1.69 trillion after a 6-month decline and rallied 107% to reach a new all-time high. The crypto metric’s rally signifies a capital influx amid growing demand for digital assets.

It is worth noting that the crypto market gained $1.21 trillion in November alone, making it the most bullish month in the history of cryptocurrencies. Last November’s bull run started with a notable Bitcoin rally trailing Donald Trump’s victory in the recent U.S. presidential election. The price surge saw the pioneer cryptocurrency gain about 50% in…

The post Bitcoin Slows, Altcoins Shine: Crypto Hits $3.49 Trillion Market Cap appeared first on Coin Edition.