The cryptocurrency market has given back most of the gains from a surge after the 2024-2025 U.S. election, falling about 40 percent from its October 2025 peak, Cointelegraph reported on Friday.
Total3 market capitalisation, the size of the crypto market excluding ether and bitcoin, jumped 91 percent right after the 2024 election to $1.16 trillion, but later plunged with October 2025 as the peak. Total3 market capitalisation is now about $713 billion, down to November 2024 levels.
Bitcoin fell more than 50 percent from its peak to about $60,000, then edged back to around $68,000. Ethereum hit an all-time high of about $5,000 in August 2025 and then plunged by nearly 60 percent.
Investor sentiment is also at its lowest level in years. CoinMarketCap's Fear and Greed Index is at 14, remaining in the "extreme fear" zone.
Chi-gyu Hwang
delight@d-today.co.kr