The total crypto market cap was outperformed by the S&P 500, falling 14.4% in Q2.
Meme coins accounted for 14.3% of the total crypto market share in Q2 2024.
Spot trading volume on centralized exchanges hit $3.40 trillion in the same quarter.
Coingecko's Q2 report on Tuesday revealed key market performances in the crypto industry and how they may affect Q3 and Q4 performances.
Crypto market performance in Q2 2024
Cryptocurrency data aggregator Coingecko published important findings in Q2 2024 that influenced the crypto market. Some notable trends from the second quarter of the year include:
The total crypto market cap fell below the S&P 500, dropping 14.4% in Q2 2024, ending H1 with $2.43 trillion. The drop was characterized by increased volatility among crypto assets, including Bitcoin (BTC).
Edited 21 Jul 2024, 20:30
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