Crypto Market Concentration Is Back at 2021 Levels
According to CryptoRank, the Magnificent 7 now account for 92.1% of the total market capitalization of the Top 100 crypto assets, excluding stablecoins, bringing market concentration back to levels last seen in 2021.The biggest signal is Bitcoin. BTC alone represents 66.6% of the market cap, significantly higher than five years ago.
The message behind the numbers is clear Crypto adoption and market growth may be expanding, but capital is not spreading evenly across the altcoin market. Instead, a growing share of liquidity is concentrating in Bitcoin and a small group of large-cap assets.
Is this a warning for altcoins or simply a rotation toward stronger assets?