Total market cap chart

Total market cap chart shows the total market capitalization of the top-125 cryptocurrencies. It serves as a vital indicator for traders as it allows them to evaluate the overall health, trends, and sentiment of the cryptocurrency market. By providing a macro-level perspective, this data complements the analysis of individual cryptocurrencies. Traders leverage this information to discern the prevailing market conditions, assess investor sentiment, and make strategic decisions. Moreover, the total market cap assists in understanding how different assets correlate with the broader market, aiding traders in crafting more nuanced and informed trading strategies based on both macro and micro-level factors.