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<ul><li>The crypto market cap fell by 14.4% in Q2 2024, closing at $2.43 trillion after an optimistic Q1 nearly hit new highs.</li><li>BTC&#39;s price ranged between $58,000 and $72,000 in Q2, ending with an 11.9% decline and a 21.6% drop in trading volume.</li><li>CEX recorded a 12.2% decrease in spot trading volume, while DEX saw a 15.7% increase.</li></ul>The cryptocurrency market experienced a challenging second quarter in 2024, with the total market capitalization declining by 14.4% to close at $2.43 trillion in June. This drop followed an optimistic first quarter that nearly saw new all-time highs.According to a recent <a href="https://www.coingecko.com/research/publications/2024-q2-crypto-report?utm_campaign&#61;2024-q2-crypto-industry-report&amp;utm_source&#61;Telegram&amp;utm_medium&#61;social" rel="noopener noreferrer nofollow">report</a>, the crypto market cap oscillated between $2.30 trillion and $2.90 trillion throughout Q2, failing to reach new peaks. In contrast, the S&amp;P 500 continued its upward trend, ending the quarter with a 3.9% gain. This divergence led to a significant drop in the correlation between the crypto market cap and the S&amp;P 500, from 0.84 in Q1 to 0.16 in Q2.<a href="https://cryptotale.org/coingeckos-quarterly-crypto-report-reveals-14-4-market-cap-decline/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

CoinGecko's Quarterly Crypto Report Reveals 14.4% Market Cap Decline

CryptoTale

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