Cryptos Experience Broad Gains, Yet Total Market Cap Hovers Near 3-Month Low

Crypto Markets Show Notable Gains Amidst Recovery Efforts

August 12: The cryptocurrency markets are experiencing significant gains today as they attempt to recover from recent downturns.

Bitcoin (BTC) continues to dominate the market, maintaining a near-record-high market cap percentage of approximately 50.9%. After Bitcoin decoupled from the broader market yesterday by retaining its gains while other cryptocurrencies struggled, a healthy upswing has been observed across nearly all major cryptocurrencies, according to current market data.