2025-12-30 14:22:54

Rarely do we see in-depth discussions about the total market capitalization of crypto assets. Currently, the total crypto market cap is around $2.97 trillion, and the peak earlier this year reached $4.3 trillion. This size is not small when compared to global asset rankings.

Interestingly, the market caps of the top six global assets each surpass the entire crypto market. This raises a question—are there really bubbles? Looking from another perspective, Bitcoin's market cap once ranked ahead of silver, and at its best, even entered the top three global assets. And now? Its liquidity has long penetrated stock markets, commodities, and various financial assets, and market depth is completely different.

Some say the crypto space lacks liquidity? That logic doesn't hold up. Just look at Bitcoin's trading volume and market participation. Looking ahead to next year, the crypto market is expected to double in total market cap, which is a crucial moment for Bitcoin to establish its status as "digital gold."

BTC0,87%

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MidnightMEVeater

· 19h ago

Good morning, calculating again at 3 a.m. 2.97 trillion is called no bubble? The arbitrage range is still so wide, indicating that the liquidity trap has not yet been fully filled.

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TokenomicsShaman

· 19h ago

2.97 trillion is just the beginning; the top six global assets easily crush us with a single finger. This is the most heartbreaking part. --- Wait, I have to question the liquidity depth... Is it really just about trading volume? --- I've heard the doubling opportunity too many times, but we still need to see if next year can truly break the high of 4.3 trillion. --- The positioning of digital gold is too exaggerated; let's wait until it ranks in the top ten assets before bragging. --- Interestingly, no one discusses the disconnect between market capitalization and actual application. What's the use of just looking good on paper? --- To put it simply, it's still too young. Comparing it to traditional finance is indeed a bit awkward. --- I should have gone all-in when it was in the top three; now I regret that I waited too long...

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GateUser-75ee51e7

· 19h ago

2.97 trillion is really not small, but it still feels like there are many people pessimistic... Doubling? That's a bit optimistic haha, but liquidity has indeed been underestimated. The top six assets globally are all larger than ours, which shows how much room for imagination there still is. If Bitcoin really becomes digital gold, our current position is way too cheap. I'm tired of the bubble theory; instead of discussing that, it's better to look at trading volume data. From 4.3 trillion to 2.97 trillion, this wave of correction is actually quite normal. Is the bottom here? The fact that liquidity is sufficient really busts the rumor that the crypto market has no depth. I don't believe it will double next year, but a 50% increase shouldn't be a problem. The depth has completely changed. Well said, institutional entry has indeed changed the game rules.

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