Crypto Total Market Cap Excluding BTC and ETH, $

Today, crypto market cap excluding Bitcoin and Ethereum is ‪675.15 B‬ USD.

Track its historical performance on crypto market cap charts.

The crypto market cap excluding Bitcoin and Ethereum represents the combined market value of all cryptocurrencies except BTC and ETH. It is calculated as:

Total crypto market cap − BTC market cap − ETH market cap.

On TradingView, we calculate total market cap using the top 125 coins. This helps us reduce noise created by tokens with potentially shorter lifespans. As a result, we have more stable data, which can help you better understand real market trends.

A rising value may signal increasing investor interest in altcoins, a shift in market sentiment, or the early stages of an altcoin-driven market phase.

No matter the reason for this market behaviour, stay on top of market trends with the latest crypto news and watch our crypto market cap charts to be the first to catch shifts.

The highest crypto market cap excluding Bitcoin and Ethereum peaked on Oct 7, 2025 at ‪1.19 T‬ USD.

Track its historical performance on total crypto market cap charts.

Any metric is important when it helps you achieve your trading and investment goals. This particular one can help you understand how well the crypto market performs without its major movers. Since BTC and ETH often drive overall market direction, excluding them provides a clearer view of capital flows, growth, and sentiment across altcoins and decentralized finance assets.

This metric is particularly useful for traders who focus on altcoins, DeFi, and higher risk–reward opportunities. Changes in the market cap excluding Bitcoin and Ether can signal shifts in market sentiment, emerging trends, or periods of increased activity outside the largest coins.

To identify new opportunities, explore the DEX Screener and read what other traders think in crypto trading ideas.

As a broad market metric, it can serve as a trend indicator. A growing crypto market cap excluding Bitcoin and Ether may signal several things:
- Bullish cycle: Usually, Bitcoin and Ethereum start to grow first, but other cryptocurrencies follow shortly after.
- Market correction during a bearish trend: Small capital inflows into altcoins can trigger a short-term uptrend, but watch out for a dead-cat bounce.
- Altcoin season: As a bullish cycle starts to slow, funds often shift from Bitcoin to smaller cryptocurrencies.

To apply this in practice, compare various coins’ dynamics on our crypto market cap charts. For more detailed analysis and trading insights, explore the Crypto Coins Screener.