Crypto Ends Three-Quarter Losing Streak With 39% Q3 Gain: Report

August accounted for more than half of the quarter's market-cap recovery, following a US Treasury announcement and continued BTC ETF inflows. The total crypto market cap increased by $840 billion, or 39.6%, to close the third quarter at $3 trillion, per data from CoinGecko, ending three straight quarters of declines. It was the largest quarterly rise since the fourth quarter of 2024, but prices outpaced participation with trading volumes still falling. August Delivered More Than Half the Quarter’s Gain Market cap peaked near $3 trillion on September 21 before closing the quarter at $2.96 trillion, which is still 4% lower year to date. August did the heavy lifting, with a 21.8% jump worth $490 billion that followed a US Treasury announcement to at least double its planned buybacks of long-dated bonds, plus steady net inflows into spot Bitcoin ETFs. A Senate procedural vote on the CLARITY Act failed on September 15 and barely slowed the climb. Ethereum, meanwhile, gained 71% to $2,684, beating Bitcoin and every other major coin, helped by net inflows of $3.1 billion into US spot ETH funds that erased all the outflows from the first half of the year. However, its trading volume still ...