Crypto Ends Three-Quarter Losing Streak With 39% Q3 Gain: Report
🚀 The total crypto market cap surged by $840 billion, or 39.6%, to reach $3 trillion, marking the largest quarterly rise since Q4 2024 and ending three consecutive quarters of decline.
📈 Ethereum outperformed Bitcoin with a remarkable 71% increase to $2,684, driven by $3.1 billion in net inflows into US spot ETH funds, despite a 23.2% drop in trading volume.
📉 Binance strengthened its market share to 42.7%, while newer platforms like Bitget struggled after a hack, and Robinhood Chain saw significant trading activity, primarily from meme coin traders, despite many new tokens failing to gain traction.
🚀 The total crypto market cap surged by $840 billion, or 39.6%, to reach $3 trillion, marking the largest quarterly rise since Q4 2024 and ending three consecutive quarters of decline.
📈 Ethereum outperformed Bitcoin with a remarkable 71% increase to $2,684, driven by $3.1 billion in net inflows into US spot ETH funds, despite a 23.2% drop in trading volume.
📉 Binance strengthened its market share to 42.7%, while newer platforms like Bitget struggled after a hack, and Robinhood Chain saw significant trading activity, primarily from meme coin traders, despite many new tokens failing to gain traction.