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01.11 - 18:21
Q3 saw significant crypto market recovery from May crash, says new report
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Cryptocurrency data aggregator CoinGecko has released its Q3 2021 report showing massive gains across several crypto market sectors.
Following the May market crash, Q3 began on a low ebb for the crypto space, with market capitalization even dipping further in late July below the $1.2 trillion, less than half of the $2.5 trillion all-time high recorded only two months prior.
However, market capitalization did recover in Q3, even rising as high as $2.3 trillion in early September.
According to the CoinGecko report, Bitcoin (BTC), gaming “coins,” and nonfungible tokens (NFTs) dominated the crypto market space in Q3.
Bitcoin recorded a 25% increase between Q2 and Q3 and has continued on this upward trajectory, even reaching $60,000 for the first
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