Key Takeaways • Macro catalysts and a 22% bitcoin jump pushed the total crypto market cap past $2.74 trillion in mid-August. Zcash surged 70% and XRP gained 51% as broad demand drove most major altcoin valuations up by over 20%. Donald Trump’s backing sent HYPE to an $82.43 peak, setting up strong momentum for crypto expansion in the U.S. Bitcoin Trims Year-to-Date Drawdown After a sluggish start to August, the cryptocurrency market surged during the third week of the month, propelled by a U.S. Treasury bond buyback announcement and a White House meeting reaffirming the Trump administration’s support for the …

