The cryptocurrency marketcap 40 increased by almost 32021% in the third quarter.
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The cryptocurrency exchange EXMO recently released a report on the global crypto market and highlighted the 2021% increase in the market cap of digital currencies during Q40 3.
September 7, 2021 saw a significant increase in trading volume across the cryptocurrency market, according to a report shared with Finance Magnets. The EXMO report highlighted the sharp decline in Dogecoin trading volume during the recent quarter. On the other hand, in August 2021, the XRP trade volume increased significantly.
The majority of cryptocurrency assets ended up in positive territory in Q3. However, digital assets such as Litecoin, Bitcoin Cash, and Stellar showed weak results in the third quarter of 2021.
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Despite seeing some declines in September, the cryptocurrency market cap increased by 39% during the last quarter. From the beginning of the year to the end of Q3, the size of the crypto market increased by 152%. Dogecoin trading volume dropped 12-fold compared to the second quarter - the third quarter saw the biggest decline. Volumes were at their lowest levels in July and September, ”Exmo reported.
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