- Bitcoin price has decreased by over 43% since its last ATH in April<\/strong>. That\u2019s likely because of the rejection by Tesla due to environmental concerns<\/a>, and the last (and negative) measures applied by China against cryptocurrency payments and Bitcoin mining. Despite this, according to some analysts<\/a>, the Bitcoin bull run might continue soon.
<\/li>- Contrary to Bitcoin, some altcoins remained bullish this month<\/strong>. Cardano (ADA)<\/a> reached a new All-Time-High (ATH) of over $2.4, while it had two improvement updates this year. Monero (XMR)<\/a> made it too, with $517 per coin, probably due to an important adoption growth. It\u2019s lost 48% by now, though. Chainlink (LINK) joined the list as well, with over $52 per coin, before losing 42% so far.<\/li><\/ul>\n\n\n\n
![\"\"](\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/magnifier-5245329_1280-1024x678.jpg\")
<\/figure><\/div>\n\n\n\nEthereum (ETH) and Dogecoin (DOGE)<\/a> followed the same trend. The first one surpassed the awesome mark of $4,360 per coin for the first time, while DOGE reached a peak of $0.73 per coin. Since then, ETH has lost around 39%, and Dogecoin over 49% [CoinMarketCap]. The adoption growth for both of them is still there, though.<\/p>\n\n\n\n
- For the first time, the total cryptocurrency market capitalization reached $2.5 trillion last month<\/strong>. It\u2019s lost 36% by now, but it\u2019s on its way to recover. At the same time, the new cryptocurrency Internet Computer Protocol (ICP<\/a>) from Dfinity Network deserves special mention. It reached a market capitalization of over $45b in two days after launch and entered briefly in the global top ten. It quickly reached $737 per coin, if now it\u2019s lost over 85%.
<\/li>- The total value locked on DeFi projects<\/a> suffered a plunge of over 43% last month<\/strong> [DeFi Pulse]. Luckily, it\u2019s already on its way to recovery. The total market capitalization for this sector is over $84.5 so far, according to CryptoSlate.
<\/li>- NFT mania continues. There were over $247m in NFTs sales last month<\/strong> [Non-Fungible<\/a>], while the total market capitalization is over $17.6 billion [CoinGecko<\/a>]. The list of household names and artists worldwide making NFTs<\/a> is only growing as more time passes. Star Wars, Meriam Webster, Floyd Mayweather, Stan Lee, GameStop<\/a>, and even the deceased Andy Warhol (sponsored by the auction house Christie\u2019s<\/a>) are included. Fox Entertainment<\/a> is preparing its own NFT market as well.<\/li><\/ul>\n\n\n\n
- The total value locked on DeFi projects<\/a> suffered a plunge of over 43% last month<\/strong> [DeFi Pulse]. Luckily, it\u2019s already on its way to recovery. The total market capitalization for this sector is over $84.5 so far, according to CryptoSlate.
- Contrary to Bitcoin, some altcoins remained bullish this month<\/strong>. Cardano (ADA)<\/a> reached a new All-Time-High (ATH) of over $2.4, while it had two improvement updates this year. Monero (XMR)<\/a> made it too, with $517 per coin, probably due to an important adoption growth. It\u2019s lost 48% by now, though. Chainlink (LINK) joined the list as well, with over $52 per coin, before losing 42% so far.<\/li><\/ul>\n\n\n\n