Crypto Market Gives Back Nearly All Gains from 2024 and 2025 in Round Trip
The crypto market has retraced almost all gains from the post-2024 election pump, losing about 40% from its October 2025 peak.Summary
The cryptocurrency market has largely erased the gains achieved during the pump that followed the 2024 US Presidential election, losing approximately 40% of its value from the peak recorded in October 2025. The Total3 Market Cap, which excludes Bitcoin and Ether, initially surged over 91% post-election to $1.16 trillion by December 2024, up from $600 billion. After some volatility, it hit a new high of about $1.19 trillion in October 2025 before a major crash. Currently, Total3 sits around $713 billion, similar to November 2024 levels, with no signs of recovery. Major assets like Bitcoin and Ether also saw significant drops, with ETH falling 60% from its August 2025 high. Investor sentiment is extremely low, reflected by the Fear and Greed Index sitting at 14, indicating "extreme fear."
(Source：Cointelegraph)