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The total market value of cryptocurrencies exceeds US$4.24 trillion, and the Bitcoin share is 58.3%

According to CoinMarketCap, the total market value of cryptocurrencies today is US$4238.584 billion, and the 24-hour trading volume is US$157.071 billion, of which the BTC share is 58.3%.
On October 6, CoinShares' latest weekly report showed that digital asset investment products recorded a record net inflow of US$5.95 billion last week. CoinShares believes the massive inflow is a delayed response to the Fed's rate cut, driven by weak employment data and concerns about the stability of the U.S. government.
BTC and ETH recorded inflows of $3.55 billion and $1.48 billion, respectively, while SOL and XRP attracted inflows of $706.5 million and $219.4 million, respectively.
Regionally, the United States recorded a record inflow of $5 billion, while Switzerland and Germany recorded inflows of $563 million and $312 million, respectively. The total scale of digital asset management reached an all-time high of US$254 billion.

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