May 6, 2024

EXMO company blog | Crypto market review for the third quarter of 2021: growth in capitalization and falling trading volumes

EXMO company blog | Crypto market review for the third quarter of 2021: growth in capitalization and falling trading volumes

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EXMO's quarterly cryptocurrency review is an analytical report with up-to-date information about cryptocurrencies.

Third quarter review includes data oncapitalization, trading volumes, information on leaders and anti-leaders, as well as the correlation of cryptocurrency rates broken down by months and for the entire monitored period.

  • Cryptocurrency market capitalization by the end of the quarter increased by 39%,despite some subsidence in September.

  • The size of the crypto market from the beginning of the year to the end of the third quarter has grown by 152%.By the end of the quarter, the crypto market's market value is second only to the three largest public companies: Apple, Microsoft and Saudi Aramco.

  • Trading volumes for the quarter decreased by 38%, mainly due to the drawdown in July.The next two months saw an increase in trade turnover.

  • The median value of the Cryptocurrency Fear and Greed Index for the quarter was 48 pointsand is located within the “Neutral Zone”.

  • EXMO company blog | Crypto market review for the third quarter of 2021: growth in capitalization and falling trading volumes

    Among all cryptocurrencies from the EXMO listing, the largest growth in balances in the quarterwas recorded by Wirex (WXT), Polkadot (DOT)and Cryptocean (CRON). The CRON rate grew during most of the quarter, maintaining the achieved levels and practically not reacting to the general negative market sentiment.

    Top 10 cryptocurrencies in terms of balance on EXMO

    At the end of the quarter, the list included Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Exmo Coin (EXM), Dogecoin (DOGE), Cardano (ADA), Ethereum Classic (ETC), Litecoin (LTC), Dash ( DASH) and Bitcoin Cash (BCH).

    Most of the EXMO listed cryptocurrencies ended the quarter in positive territory.For 44% of cryptocurrencies, the ROI was more than 5%. Of these, for 21% the indicator was above 30%.

    EXMO company blog | Crypto market review for the third quarter of 2021: growth in capitalization and falling trading volumes

    Top 10 cryptocurrencies by the number of holders

    At the end of the quarter, the list included Bitcoin (BTC), XRP (XRP), Ethereum (ETH), Dogecoin (DOGE), Exmo Coin (EXM), Tron (TRX), Litecoin (LTC), Cardano (ADA), Ethereum Classic ( ETC) and Stellar (XLM).

    Among all cryptocurrencies from the EXMO listing, the number of holders has increased the mostPolkadot (DOT), Wirex (WXT) and PARSIQ (PRQ). The most noticeable decrease in the number of holders was recorded for Ontology (ONT), Ontology Gas (ONG) and Decred (DCR).

    This is a short summary of the main results of the third quarter. Read the full version in the Crypto Market Quarterly Review.