From 24/7 Wall St. · Sam Daodu · · 2m
Crypto Market Hits $3 Trillion Milestone
Treasury buybacks and SEC rulings pushed crypto market past $3 trillion, but four major coins remain down for 2026.
In brief
Treasury buybacks and SEC rulings pushed crypto market past $3 trillion, but four major coins remain down for 2026. The crypto market surpassed $3 trillion due to Treasury bond buybacks, SEC tokenized stock approvals, and forced buying, but four of five top coins are still down for 2026. Originally reported by 24/7…
Crypto Market Surpasses $3 Trillion
The total value of the cryptocurrency market has surpassed $3 trillion for the first time since January.
Bitcoin's Current Value
Bitcoin is trading at $86,276, which is 32% lower than its all-time high of $126,000 reached in October 2025.
Treasury Buyback Program
Investors contributed over $740 billion to the market after the U.S. Treasury announced an expanded bond buyback program in late August.
Forced Buying Pressure
Exchanges liquidated around $920 million in short positions on September 21, creating upward pressure on prices.
SEC Tokenized Stock Approval
The SEC granted temporary conditional approval for venues to trade tokenized U.S. stocks on public blockchains.
Tokenized Stocks Trading
Approximately $465 million in tokenized stocks already trade on Solana.
Bitcoin Fund Inflows
U.S. spot Bitcoin funds experienced $999 million in inflows on September 21, with BlackRock’s fund attracting $381.4 million.
Coin Performance for 2026
Bitcoin gained 14.4% over the past week but remains down 1.2% for the year.
Ethereum's 2026 Status
Ethereum is trading at $2,750, up 15.8% for the week and 12.7% for the month, but down 6.5% year-to-date.
XRP's 2026 Status
XRP is at $1.57, up 19.8% for the week and 1% for the month, but down 16.5% year-to-date.
Solana's 2026 Status
Solana posted the strongest performance, up 23.1% for the week and 24.9% for the month, but down 4.2% for 2026.
Zcash's 2026 Performance
Zcash stands out at $1,520 with a 32.3% weekly gain, 71.6% monthly gain, and 187.5% year-to-date gain.
Market Stability Concerns
The market has slipped back under $3 trillion once since crossing it, with four of five major coins down for 2026.
In short
The crypto market surpassed $3 trillion due to Treasury bond buybacks, SEC tokenized stock approvals, and forced buying, but four of five top coins are still down for 2026.
