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Every bull run in crypto feels like a tradition, almost like a festival cycle. Bitcoin always kicks it off — attracting capital first, breaking new highs, and setting the tone for what follows. This time is no different: Bitcoin’s rally has already pushed Total Crypto Market Cap beyond $4.22T in August 2025
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But in this relay race, the baton is still waiting for Altcoins. TOTAL2, the altcoin market cap, hasn’t yet broken its $1.7T peak from November 2021. When it does, history shows the sprint that follows can be even wilder — a celebration phase of outsized moves and speculation.
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I like to think of it as the Altcoin Spirit Phase — the moment when Bitcoin hands over the energy, and altcoins explode forward to carry the momentum of this bull run.
Will tradition repeat? Or will this cycle write a new story?