◆ Crypto market gauge · TOTAL2

Crypto cap ex-BTC

Total market cap excluding Bitcoin ($). Measures the health of altcoins (ETH included). Calculated index.

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Ticker: TOTAL2
Category: Indices & macro
Type: Crypto market gauge
Group: Macro & Dominance
Trading hours: Market sessions

What is Cap. crypto hors BTC?

Capitalisation totale sans Bitcoin ($). Mesure la santé des altcoins (ETH inclus). Indice calculé. This gauge measures the crypto market as a whole: total market cap, Bitcoin's share (dominance) or market cap excluding the largest coins.

How Cap. crypto hors BTC works and what gives it value

Falling BTC dominance while total cap rises often signals rotation into altcoins ('altseason'). The reverse means a flight to quality.

What moves the price of Crypto cap ex-BTC

◆Flows into Bitcoin (ETFs)
◆Stablecoin liquidity
◆Risk appetite

Key metrics to watch

◆BTC and ETH dominance
◆Stablecoin market cap

Risks specific to Crypto cap ex-BTC

◆Misleading readings when stablecoins move sharply

How to analyse Cap. crypto hors BTC on GraphTrade

Daily and weekly. Open the TOTAL2 chart, add the indicators below, compare Cap. crypto hors BTC with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.