Crypto data aggregator CoinGecko has reportedly disclosed its Q3 2021 report to the public, revealing significant uplift throughout numerous crypto market spheres. 

Specifically, after the major market plummet witnessed in May this year, Q3 reportedly began from a declined spot for the crypto sphere, where market capitalization even went down even lower in late July, standing at the $1.2 trillion benchmark, less than half of the $2.5 trillion all-time high recorded only two months before.

Nonetheless, market capitalization reportedly saw recovery in Q3, shooting up as high as $2.3 trillion in early September.

As revealed in CoinGecko insights, Bitcoin (BTC), gaming “coins,” and non fungible tokens (NFTs) showed domination throughout the crypto market field in Q3.

Bitcoin reportedly clocked in a 25% jump between Q2 and Q3 and has been going forward on this inclining trajectory, even managing to hit the $60,000 milestone for the first time in almost half a year. 

The network’s hash rate also underwent a resurgence in the third quarter, displaying signs of a bounce back from China’s wide scale crackdown, which resulted in offshore reallocation for a variety of mining entities. 

Gaming tokens such as Axie Infinity (AXS), Illuvium (ILV), and Gala (GALA), together with the NFT space in general, have all experienced significant uplift in Q3 too. 

AXS, particularly, reportedly recorded nearly 1,000% quarter-on-quarter uplift, with its 2021 performance topping 13,700%.

Regarding NFT trading volume, OpenSea still reportedly appears to be a dominating force of the market segment. As a matter of fact, OpenSea and Rarible recorded an overall trading volume of approximately $6.8 billion in Q3, according to the CoinGecko report.