Summary
- Crypto analyst Michaël van de Poppe predicts an altcoin market capitalization breakout above $800 billion soon.
- Recent correction in cryptocurrencies led to a 4% drawdown in market cap.
- Ethereum, Lido staked Ether, and Binance Coin saw their value erode by 2% to 6% in the past week.
- Despite Ethereum ETF approval, Bitcoin remained dominant while altcoins faced a drawdown.