Crypto Market Cap Hits $300 Billion But Bitcoin Dominance Down 6% YTD

Market Analysis
Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to $303.1 billion, and the total market cap has gained 65.92% since the start of 2020.

Crypto market daily price chart. Source: Coin360
Earlier this week, Cointelegraph contributor Michaël van de Poppe discussed the significance of the crypto market cap reaching $300 billion.