Main insights:<\/strong><\/p>\n Cryptocurrency market capitalization reached $3.8 trillion on Monday, nearly equaling the UK’s GDP.<\/p>\n<\/li>\n A TOTAL index indicates a \u201cbuy\u201d signal, while a traditional chart pattern suggests a target of $4.45 trillion.<\/p>\n<\/li>\n<\/ul>\n The overall cryptocurrency market capitalization attained a record high of $3.8 trillion on Monday, nearly overshadowing the UK’s gross domestic product (GDP).\u00a0<\/p>\n Following the recent surge, evaluations indicate that this metric could achieve further peaks in H2 2025, predicated on a positive technical configuration.<\/p>\n The worldwide cryptocurrency market capitalization increased by 16% during the past five days, exceeding the former all-time high of $3.76 trillion set in December 2024, reaching a new peak of $3.8 trillion, according to data from Cointelegraph Markets Pro<\/a> and TradingView<\/a>.<\/p>\n Related: <\/strong><\/em>Bitcoin ‘displays no signs of fatigue’ as it surpasses gold in gains for 2025<\/strong><\/em><\/a><\/p>\n This remarkable performance was primarily propelled by a notable surge in Bitcoin (BTC<\/a>), which also climbed to a new all-time high of $123,000<\/a> on Monday.\u00a0<\/p>\n If the crypto market were a nation, it would rank as the seventh-largest by GDP after the United States, China, Germany, India, Japan, and the United Kingdom. TOTAL, or the collective market cap of all cryptocurrencies, is presently less than $40 billion behind the UK’s GDP, as depicted in the figure below.<\/p>\n Meanwhile, Bitcoin’s market capitalization stands at over $2.4 trillion \u2014 exceeding Canada’s GDP and only $22 billion short of Italy\u2019s GDP.<\/p>\n The total crypto market cap now surpasses that of tech giant<\/a> Microsoft and is approaching Nvidia<\/a>, currently the world\u2019s most valuable enterprise, according to CompaniesMarketCap data.<\/p>\n As Cointelegraph reported<\/a>, Bitcoin’s price surge has propelled its market cap beyond that of Amazon, Silver, and Google.<\/p>\n \ud83d\udea8 BREAKING: Bitcoin is now the 5th-largest asset in the world, surpassing Amazon, Silver, and Google. pic.twitter.com\/er1Bwu9ElJ<\/a><\/p>\n \u2014 Cointelegraph (@Cointelegraph) July 14, 2025<\/a><\/p><\/blockquote>\n TOTAL\u2019s weekly chart indicates that the Supertrend indicator produced a bullish signal when it transitioned from red to green and fell below the price last week.<\/p>\n This indicator overlays the chart while monitoring BTC\u2019s trend, similar to moving averages. It uses the average true range in its computations, assisting traders in recognizing market tendencies.<\/p>\n Recent confirmations from the indicator were succeeded by a 1,000% and a 300% rally in 2021 and 2023-2024, respectively.<\/p>\n Per the indicator, as long as the index remains green and stays below the price, the momentum tends to favor traders with a bullish perspective.<\/p>\n \u201cTOTAL cap has just indicated \u2018buy\u2019 on a macro chart,\u201d observed<\/a> renowned analyst Mikybull Crypto in a post on X, adding:<\/p>\n \u201cThis is significant.\u201d<\/p><\/blockquote>\n An accompanying chart illustrated the emergence of the Supertrend indicator in the weekly timeframe and TOTAL\u2019s breakout from an inverse head-and-shoulders (H&S) pattern.<\/p>\n TOTAL CAP JUST SIGNIFIED “BUY” ON A MACRO CHART.<\/p>\n THIS IS SIGNIFICANTpic.twitter.com\/2uBJmkMjI7<\/a><\/p>\n \u2014 Mikybull \ud83d\udc02Crypto (@MikybullCrypto) July 14, 2025<\/a><\/p><\/blockquote>\n The projected target of the inverse H&S pattern is $4.45 trillion, representing a 19% rise from the current position.<\/p>\n Previously, Daan Crypto, a cryptocurrency trader, emphasized<\/a> that breaking above $3.7 trillion would \u201cinitiate momentum and rekindle risk appetite effectively.\u201d<\/p>\n At present, the TOTAL cryptocurrency market cap operates above this level, potentially affirming a bullish continuation on the daily candle chart.<\/p>\n This article does not provide investment advice or recommendations. Every investment and trading decision carries risk, and readers should perform their own analysis when making choices.<\/p>\n <\/div>\n\n
Cryptocurrency market cap surpasses previous highs<\/h2>\n
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Cryptocurrency market cap indicates \u201cbuy\u201d<\/h2>\n
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