TechFlow news, on December 31, Matrixport released a chart stating, "The total market capitalization of the crypto market has continued to rise from around $1 trillion at the end of 2023, reaching nearly $3.9 trillion at its peak in 2025. Looking back at recent correction cycles, the overall interim lows have slightly dipped below the previous cycle's highs, consistent with deeper institutional participation and a more resilient position structure.
Even though the total market cap has recently pulled back to around $3.0 trillion, the market's price center has not shifted downward, and interim lows continue to rise, keeping the trend outlook moderately constructive. With subsequent macro constraints easing, the market could reopen upside potential from current levels, entering a more sustainable recovery phase."
