Crypto market capitalization reclaims $3T

Summary

Global crypto market capitalization briefly reclaimed $3 trillion on September 22, 2026, reaching roughly $3.01–$3.03 trillion as Bitcoin led a broad rally. The move marked the first return above that level since January.

Analysis

• Bitcoin drove the rebound, trading above $85,000 and briefly approaching $87,000. • Ethereum and major altcoins also advanced, supporting the broader market-cap recovery. • Global crypto market capitalization rose about 4%–5% over 24 hours, depending on the data snapshot. • Perpetual-futures open interest approached $160 billion, indicating elevated leverage and greater liquidation risk. • The market had recovered more than $740 billion from recent lows, while Bitcoin remained dominant at roughly 57% of total capitalization.

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