#Ecoinometrics : The #cryptocurrency #market hasn't just corrected. It has restructured.
The #Total market capitalization has fallen by about 25% from its peak, nearing 2021 levels, but the market structure has changed significantly. The share of Bitcoin and stablecoins has increased, while the share of Ethereum and the broader #Altcoin complex continues to decline.
Capital is concentrating around a few long-term use cases rather than being distributed across the entire ecosystem.
