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Crypto Market Crumbles, Market Capitalization Wipes Out Half in 8 Months
The crypto industry is entering a crisis phase after losing half its value in just the last eight months. Based on chart-movement data, total crypto market capitalization once recorded an all-time high of $4.3 trillion on October 6, 2025. However, after crossing 261 days into this year, its market capitalization value shrank drastically to $2.0 trillion, a decrease of minus 54%.
The massive evaporation of these assets has caused the crypto market’s value to fall by an average of minus $8.8 billion per day over 261 consecutive days. A series of geopolitical sentiments and global macro factors are suspected to be the main triggers of this ongoing collapse, ranging from new US trade-tariff tensions against the European Union, the outbreak of the Iran war, to Bitcoin’s price falling below the $60,000 level, which sparked widespread panic in the derivatives market.
​With a loss of valuation of $2.3 trillion from its peak, the crypto industry is now in a critical condition requiring major stimulus. Market participants and investors assess that the industry urgently needs a new, fundamental, and fresh narrative to restore investor confidence and reverse the downward trend that continues to erode liquidity. $BTC $BTC ‌