Layer by Layer Issue 12: Polkadot, Fantom, Harmony, and Avalanche

Throughout this series, we have kept an eye out for key moments in the cryptocurrency markets that often indicate shifts in trends or sentiment during the current market cycle. As of this writing, the total crypto market cap has officially broken its previous all-time high of $2.618T reached on May 11th this year and currently sits at $2.645T.

Much of the growth contributing to this watershed moment can be attributed to the recent performance of Bitcoin, which as of this writing, has surpassed its prior ATH market cap of $1.187T (reached on April 13th, 2021) with a current market cap of $1.210T. With the overall crypto market recovering fully from its yearly lows reached in July, it now seems poised for further growth as we make our way towards the end of the year.