Altcoin Market Cap Closes August Above $1 Trillion: What Comes Next?
- Altcoin market cap excluding Bitcoin and Ethereum closed August above $1 trillion.
- The chart shows multi-year resistance near $1.1 trillion now in play.
- Analysts expect Q4 2025 could see altcoins push toward $1.3–$1.5 trillion.
The total market capitalization of altcoins, excluding Bitcoin and Ethereum, closed in August above $1 trillion, a key milestone. The monthly close, highlighted by trader Ash Crypto, signals that altcoins may be on the verge of a major breakout as the market enters the final quarter of 2025.
TOTAL3 Surged Above $1 Trillion
Data from TradingView shows the monthly chart of the altcoin market cap (TOTAL3) closing at $1.03 trillion, with a high of $1.04 trillion and a low of $999.95 billion during August trading. This marks the first sustained close above the $1 trillion threshold since 2021.
The chart indicates that $1.1 trillion has acted as long-term resistance, capping gains in both 2021 and 2024. The monthly close above this level would confirm strength and potentially trigger a move toward the $1.3 trillion to $1.5 trillion range. Notably, altcoins have been in an uptrend since late 2022, when the market bottomed near $300 b…
The post Altcoin Market Cap Closes August Above $1 Trillion: What Comes Next? appeared first on Coin Edition.
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Altcoin Market Cap Closes August Above $1 Trillion: What Comes Next?
- Altcoin market cap excluding Bitcoin and Ethereum closed August above $1 trillion.
- The chart shows multi-year resistance near $1.1 trillion now in play.
- Analysts expect Q4 2025 could see altcoins push toward $1.3–$1.5 trillion.
The total market capitalization of altcoins, excluding Bitcoin and Ethereum, closed in August above $1 trillion, a key milestone. The monthly close, highlighted by trader Ash Crypto, signals that altcoins may be on the verge of a major breakout as the market enters the final quarter of 2025.
TOTAL3 Surged Above $1 Trillion
Data from TradingView shows the monthly chart of the altcoin market cap (TOTAL3) closing at $1.03 trillion, with a high of $1.04 trillion and a low of $999.95 billion during August trading. This marks the first sustained close above the $1 trillion threshold since 2021.
The chart indicates that $1.1 trillion has acted as long-term resistance, capping gains in both 2021 and 2024. The monthly close above this level would confirm strength and potentially trigger a move toward the $1.3 trillion to $1.5 trillion range. Notably, altcoins have been in an uptrend since late 2022, when the market bottomed near $300 b…
The post Altcoin Market Cap Closes August Above $1 Trillion: What Comes Next? appeared first on Coin Edition.
Read More