Analysis: Concentration at the top of the crypto market rebounds to 2021 levels, with Bitcoin accounting for 66.6% of the top 100 market cap

Odaily News  Data shows that the concentration of top-tier assets in the crypto market has rebounded to 2021 levels. Excluding stablecoins, among the top 100 crypto assets by market cap, the market cap share of the "Crypto Magnificent Seven" (MAG7) has risen to 92.1%, with Bitcoin alone accounting for 66.6%, significantly higher than five years ago. This means that the overall growth of the current market is increasingly dependent on a small number of top-tier assets, while the broader altcoin market's share of capital inflows has noticeably decreased.