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.
Crypto markets snapped a three-quarter losing streak with a 39% gain in Q3, according to a new report. August drove more than half of the quarter's market-cap recovery, helped by a US Treasury announcement and continued inflows into spot Bitcoin ETFs. The rebound signals improving investor confidence and sustained institutional demand via BTC ETFs, which traders will watch as a gauge of whether the recovery can extend into Q4.