The cryptocurrency market is experiencing a sharp upturn, with its total market capitalization increasing by $400 billion just three days ago. This massive jump has surprised many traders, and analyst Crypto King is asking whether it marks the start of the next major crypto growth.
As the analyst reported, the total cryptocurrency market value increased by $400 billion in just three days, fueled by Bitcoin’s price reclaiming the $70,000 level for the first time since May 31. The crypto market cap currently stands at $2.57 trillion, after gaining $400 billion in the last three days.
Catalysts Behind Crypto Market Gaining Momentum
This increase reflects robust money inflows into the digital asset market, as BTC once again gains massive attention after rebounding above the $70k level for the first time since the end of May. BTC skyrocketed from the $63,000 region noticed earlier this week and rapidly surpassed the $70k benchmark yesterday, Thursday, August 20. The asset currently trades at $77,305 after a further 6.6% uptick in the last 24 hours, showing how quickly momentum returns to the broader market.
Bitcoin has increased 22.3% over the past week, leading other assets in market recovery. Altcoins such as Ether, Solana, XRP, and many others have seen similar rebounds, contributing to the massive market valuation gains. Although the virtual currency market is known for intense volatility, the magnitude and speed of this uptrend have been fascinating. Yesterday, ZyCrypto Media highlighted multiple factors (including White House’s supportive crypto policy developments, a decrease in stablecoin supply on exchanges, among others) that have contributed to this dramatic crypto resurgence.
Is Next Bull Run Already In? Signs to Watch
The unfolding events above suggest the crypto market has finally moved out of its multi-month bottom, with analysts (Ronald Carter and Crypto Fergani) strongly convinced that the bull market has already started. The two shared analytics that show signs that the crypto bull run has begun in the larger market.
 
Every major crypto market rally normally starts silently before people realize what’s happening. Prices begin surging, market sentiment turns positive, and momentum building are clear signals that the market is becoming bullish.
As Ronald and Fergani’s metrics show, one key sign that a bull run has begun is a steep surge in Bitcoin’s price accompanied by strong trading volume. BTC normally leads the larger market. When it starts to break major resistance levels (like what’s happening currently) while drawing rising trading activity, this is a major sign of the beginning of a wider market uptrend.
The second signal is Bitcoin dominance, which typically attracts investors to pump funds into other crypto assets, activating a phenomenon known as ‘altcoin season.’ Another important sign is the increase in active addresses, higher institutional participation, heightened transaction activity, and huge inflows into exchanges, indicating rising market engagement. This is happening across multiple crypto networks, suggesting a bull market is forming. These signals work together, contributing to the buildup of a strong upward cycle.
The cryptocurrency market is experiencing a sharp upturn, with its total market capitalization increasing by $400 billion just three days ago. This massive jump has surprised many traders, and analyst Crypto King is asking whether it marks the start of the next major crypto growth.
As the analyst reported, the total cryptocurrency market value increased by $400 billion in just three days, fueled by Bitcoin’s price reclaiming the $70,000 level for the first time since May 31. The crypto market cap currently stands at $2.57 trillion, after gaining $400 billion in the last three days.
Catalysts Behind Crypto Market Gaining Momentum
This increase reflects robust money inflows into the digital asset market, as BTC once again gains massive attention after rebounding above the $70k level for the first time since the end of May. BTC skyrocketed from the $63,000 region noticed earlier this week and rapidly surpassed the $70k benchmark yesterday, Thursday, August 20. The asset currently trades at $77,305 after a further 6.6% uptick in the last 24 hours, showing how quickly momentum returns to the broader market.
Bitcoin has increased 22.3% over the past week, leading other assets in market recovery. Altcoins such as Ether, Solana, XRP, and many others have seen similar rebounds, contributing to the massive market valuation gains. Although the virtual currency market is known for intense volatility, the magnitude and speed of this uptrend have been fascinating. Yesterday, ZyCrypto Media highlighted multiple factors (including White House’s supportive crypto policy developments, a decrease in stablecoin supply on exchanges, among others) that have contributed to this dramatic crypto resurgence.
Is Next Bull Run Already In? Signs to Watch
The unfolding events above suggest the crypto market has finally moved out of its multi-month bottom, with analysts (Ronald Carter and Crypto Fergani) strongly convinced that the bull market has already started. The two shared analytics that show signs that the crypto bull run has begun in the larger market.
 
Every major crypto market rally normally starts silently before people realize what’s happening. Prices begin surging, market sentiment turns positive, and momentum building are clear signals that the market is becoming bullish.
As Ronald and Fergani’s metrics show, one key sign that a bull run has begun is a steep surge in Bitcoin’s price accompanied by strong trading volume. BTC normally leads the larger market. When it starts to break major resistance levels (like what’s happening currently) while drawing rising trading activity, this is a major sign of the beginning of a wider market uptrend.
The second signal is Bitcoin dominance, which typically attracts investors to pump funds into other crypto assets, activating a phenomenon known as ‘altcoin season.’ Another important sign is the increase in active addresses, higher institutional participation, heightened transaction activity, and huge inflows into exchanges, indicating rising market engagement. This is happening across multiple crypto networks, suggesting a bull market is forming. These signals work together, contributing to the buildup of a strong upward cycle.
