Crypto Market Overview: MBI, Breadth & Risk
Read regime, participation, risk, liquidity, market size, and Bitcoin dominance together.
Today's asset participation42.6% up3,854 of 9,051 analytical assets · hover for comparison details
What is driving the MBI
Together, these five components form the 0–100 Market Bull Index.
Model 2.1: Trend now responds more gradually to changing market conditions. The calculation remains proprietary. Earlier observations retain their original model; a change across the model boundary can reflect the revised calculation.
Neutral
MBI summarizes market-wide conditions rather than predicting a price target. Read a high score as broader support for risk-taking and a low score as a more defensive environment.
- Trend tracks the BTC regime.
- Breadth measures participation across assets.
- Risk and liquidity describe market stress and turnover.
- Structure tracks dominance and concentration.
Market Bull Index history
The green line is MBI, a market-regime score; amber is Liquidity. Blue is daily participation: the equal-weight share of analytical assets that rose versus the previous daily snapshot. A down day can coexist with a strong longer-term regime. The scale is fixed at 0–100; it is not stretched to the observed range. Hover, tap or click to inspect any day.
Recent stored values
Total crypto market cap and Bitcoin dominance
The two series are normalized to their own observed ranges to make direction and turning points readable together.
Explore the structure behind the headline
Move into category breadth, exchange coverage, or YearBull metric distributions.
Layer 1Independent settlement networks→
Layer 2Scaling ecosystems and rollups→
DeFiDecentralized finance assets→
StablecoinsPegged-value market structure→
Meme coinsCulture-led crypto assets→
AIArtificial intelligence projects→
Real-world assetsTokenized off-chain value→
GamingGames and virtual economies→
PrivacyPrivacy-oriented networks→