Crypto market snapshot for Q3 2021: capitalisation growth and trading volumes decrease

The analytical snapshot presents 2021’s third quarter in review: capitalisation, trading volumes, gainers and losers, as well as the correlation of cryptocurrency rates by month and for the entire quarter.

• The cryptocurrency market cap grew by 39% during the last quarter, despite seeing some dips in September. From the beginning of the year until the end of Q3, the size of the crypto market grew by 152%.
• As of the end of the quarter, the crypto market is surpassed only by the three world’s largest public companies in terms of market cap. These are Apple, Microsoft and Saudi Aramco.
• Trading volumes for the quarter dropped by 38%, primarily as a result of the decrease observed in July. However, volumes kept growing during the two subsequent months.
• The median value of the Crypto Fear & Greed Index in the last quarter stood at 48 points, remaining in the “Neutral” zone.

Among all cryptocurrencies listed on EXMO, Wirex (WXT), Polkadot (DOT) and Cryptocean (CRON) experienced the largest balance growth for the quarter. Polkadot was listed on EXMO at the end of the second quarter. The cryptocean price kept growing for most of the quarter and barely responded to the general negative market sentiment.

Top 10 cryptocurrencies by balance

Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Exmo Coin (EXM), Dogecoin (DOGE), Cardano (ADA), Ethereum Classic (ETC), Litecoin (LTC), Dash (DASH) and Bitcoin Cash (BCH) hit the top 10 cryptocurrency list in terms of user balances, at the end of the quarter.

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

Among all cryptocurrencies listed on EXMO, Polkadot (DOT), Wirex (WXT) and PARSIQ (PRQ) recorded the largest increase in terms of the number of holders. The number of Ontology (ONT), Ontology Gas (ONG) and Decred (DCR) holders decreased the most.

Top 10 cryptocurrencies by the number of holders

Bitcoin (BTC), XRP (XRP), Ethereum (ETH), Dogecoin (DOGE), Exmo Coin (EXM), Tron (TRX), Litecoin (LTC), Cardano (ADA), Ethereum Classic (ETC) and Stellar (XLM) hit the top 10 cryptocurrency list in terms of the number of holders, at the end of the quarter.

This is a short summary of the key quarterly outcomes. Read the full version in the Crypto market analytical snapshot.