Crypto market caps rebound 39% in Q3, ending three‑quarter decline.
Total crypto market cap rose $840 billion, or 39.6%, to $3 trillion — the largest quarterly gain since Q4 2024. It peaked near $3 trillion on Sep 21 and closed the quarter at $2.96 trillion, still 4% lower year‑to‑date.
August delivered the bulk of the gain, jumping 21.8% (+$490 billion) after the US Treasury doubled its long‑dated bond buybacks and steady net inflows into spot Bitcoin ETFs. Ethereum surged 71% to $2,684, supported by $3.1 billion net inflows into US spot ETH funds.
Average daily volume fell 8.6% to $73.3 billion; spot volume on the top ten centralized exchanges dropped 14.2% to $1.65 trillion. Open interest on perpetual futures rose 40.6% to just over $100 billion, the first time since Q3 2025. Binance’s spot share expanded to 42.7% from 38.7% in Q2.
Which metric—market‑cap growth, trading volume, or open interest—will drive the next quarter’s price trends?
#Crypto #Bitcoin #Ethereum #MarketCap #FinTech
Total crypto market cap rose $840 billion, or 39.6%, to $3 trillion — the largest quarterly gain since Q4 2024. It peaked near $3 trillion on Sep 21 and closed the quarter at $2.96 trillion, still 4% lower year‑to‑date.
August delivered the bulk of the gain, jumping 21.8% (+$490 billion) after the US Treasury doubled its long‑dated bond buybacks and steady net inflows into spot Bitcoin ETFs. Ethereum surged 71% to $2,684, supported by $3.1 billion net inflows into US spot ETH funds.
Average daily volume fell 8.6% to $73.3 billion; spot volume on the top ten centralized exchanges dropped 14.2% to $1.65 trillion. Open interest on perpetual futures rose 40.6% to just over $100 billion, the first time since Q3 2025. Binance’s spot share expanded to 42.7% from 38.7% in Q2.
Which metric—market‑cap growth, trading volume, or open interest—will drive the next quarter’s price trends?
#Crypto #Bitcoin #Ethereum #MarketCap #FinTech