According to the recent CoinMarketCap report, in Q3 2024, the crypto market faced bearish conditions but saw key narratives emerge, shaping market sentiment.

Bitcoin’s dominance reached a high not seen since April 2021, despite negative returns in August. Additionally, stablecoins hit an all-time high market cap, signaling strong sidelined liquidity. While Bitcoin’s performance lagged in Q3, historical trends suggest a strong potential for a bullish Q4.