The crypto market likes to pretend it’s decentralized until the bluechip crypto’s start moving. Then suddenly everything dances to the same rhythm.

The data on CoinMarketCap shows that the top eight crypto assets by market capitalization: $BTC, $ETH, $XRP, $BNB, $SOL, $DOGE, $TRX, and $HYPE command a combined valuation of roughly $1.71 trillion. With the total crypto market sitting near $2.17 trillion, these assets effectively control the direction of the entire industry.

And two names still run the show. $BTC accounts for 57.8% of the market while $ETH holds another 9.8%, giving the pair overwhelming influence whenever either decides to move.

June Support Levels Became The Battleground For Bluechip Crypto’s

Early June produced…