The crypto market experienced a historic market crash in October that derailed the uptrend and caused investor sentiment to plummet.The crypto market has retractedThe crypto market experienced a historic market crash in October that derailed the uptrend and caused investor sentiment to plummet.The crypto market has retracted
Crypto market retraces almost all 2024-2025 US election pump gains
The crypto market experienced a historic market crash in October that derailed the uptrend and caused investor sentiment to plummet.
The crypto market has retracted most of the gains made during the 2024-2025 pump that kicked off after the 2024 elections in the United States, and has lost about 40% of its value from the peak recorded in October 2025.
The Total3 Market Cap, a metric tracking the market capitalization of the entire crypto market, excluding Ether (ETH) and Bitcoin (BTC), surged by over 91% immediately following the outcome of the US Presidential election on November 5, reaching a high of $1.16 trillion by December 2024.
For context, the Total3 Market Cap was about $600 billion directly before the 2024 US election pump.
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