Crypto market cap slumps to eight-month low as bearish sentiment deepens
The overall crypto market has fallen to $2.93 trillion, its lowest level in eight months, erasing this year’s gains as short-term analyst sentiment remains negative, according to CoinGecko.
Since hitting a peak of $4.4 trillion in October, the market has lost about a third of its value and is down nearly 14% in 2025, edging toward bear market territory. Earlier this year, it briefly fell to $2.5 trillion on April 9 before rebounding to record highs six months later.
Overall, crypto capitalization has remained range-bound since March 2024 and is now hovering around the midpoint of that range.
Van de Poppe warns of short-term crypto pain amid extreme fear
MN Fund’s Michaël van de Poppe had warned that the market could see…
