$B
The global cryptocurrency market records a total capitalization close to $2.88 trillion (T), operating in a consolidation phase with moderate volatility at the close of the third quarter.
Market overview
Bitcoin (BTC) dominance: Bitcoin’s dominance is around 58.6%, reflecting a clear preference for capital to the sector’s safe-haven asset over altcoins.
Market sentiment: It moves between caution and strategic accumulation, influenced by US Treasury bond yields and the global macroeconomic outlook
Key trends and macro catalysts
Stablecoin regulatory framework: The proposal of regulatory frameworks for stablecoin issuers by international bodies and the Federal Reserve provides greater legal certainty to the ecosystem.
Rates and liquidity environment: Rising Treasury yields and macroeconomic caution have created short-term pressure on risk assets, leading to opportunistic buying in demand zones.
DeFi and Layer 2 development: Growth in protocols with high Total Value Locked (TVL) such as Aave and Lido, which continue to attract network yield
The global cryptocurrency market records a total capitalization close to $2.88 trillion (T), operating in a consolidation phase with moderate volatility at the close of the third quarter.
Market overview
Bitcoin (BTC) dominance: Bitcoin’s dominance is around 58.6%, reflecting a clear preference for capital to the sector’s safe-haven asset over altcoins.
Market sentiment: It moves between caution and strategic accumulation, influenced by US Treasury bond yields and the global macroeconomic outlook
Key trends and macro catalysts
Stablecoin regulatory framework: The proposal of regulatory frameworks for stablecoin issuers by international bodies and the Federal Reserve provides greater legal certainty to the ecosystem.
Rates and liquidity environment: Rising Treasury yields and macroeconomic caution have created short-term pressure on risk assets, leading to opportunistic buying in demand zones.
DeFi and Layer 2 development: Growth in protocols with high Total Value Locked (TVL) such as Aave and Lido, which continue to attract network yield
