CoinGecko 2024 Q2 Crypto Industry Report

This report provides a comprehensive analysis of the cryptocurrency industry for the second quarter of 2024. It covers various aspects of the market, including decentralized finance (DeFi), market landscape, and notable trends in Bitcoin and Ethereum. The report outlines the performance of key cryptocurrencies, detailing price returns and trading volumes. It highlights the impact of significant events such as Bitcoin's halving and the approval of US spot Bitcoin ETFs, which influenced market dynamics. Additionally, the report discusses the rise of memecoins and the controversies surrounding airdrops. It also presents data on the total crypto market cap, which saw a decline of 14.4% during the quarter, and examines the dominance of major cryptocurrencies like Bitcoin and Ethereum. The report concludes with insights into the outlook for the remainder of 2024, considering both challenges and opportunities in the evolving crypto landscape.