Crypto Comeback: Market Surges Past $3 Trillion, But Altseason Still Out of Sight
As of the latest update, the total cryptocurrency market capitalization has climbed back above the $3 trillion mark, driven by strong bullish momentum over the past week. This resurgence highlights renewed investor confidence and upward price action across major digital assets.
Despite the market cap recovery, overall trading volume has declined by 16.82%, currently sitting at $68.83 billion, suggesting a pause in active trading following the recent rally.
On another note, the Altcoin Season Index stands at 21, signaling that Bitcoin continues to outperform most altcoins. For context, an index reading above 75 typically indicates an altseason—when altcoins collectively show significant strength. At present, however, the market remains Bitcoin-dominant, with no immediate signs of a broad altcoin breakout.
