Market cap hit $3T last quarter — first green quarter in a while. Most of that came from August alone, +21.8% in a month. Peaked at $3.03T mid-September then closed just under $3T.
What moved it? Spot $BTC ETF inflows picked up. Treasury bond buyback chatter helped too. CLARITY Act tanked in the Senate — didn't matter much.
Volume actually dropped -8.6% QoQ to $73B daily. So price went up, but people weren't exactly rushing in. Classic.
Biggest quarterly gain since Q4 2024. Still down -4% YTD though. We're climbing out of a hole, not breaking new ground yet.
What moved it? Spot $BTC ETF inflows picked up. Treasury bond buyback chatter helped too. CLARITY Act tanked in the Senate — didn't matter much.
Volume actually dropped -8.6% QoQ to $73B daily. So price went up, but people weren't exactly rushing in. Classic.
Biggest quarterly gain since Q4 2024. Still down -4% YTD though. We're climbing out of a hole, not breaking new ground yet.