Is the crypto market entering a new supercycle? Here are 5 ways to know

Key Points

1. Analysts suggest a potential new crypto market paradigm with a 400% surge beyond previous highs, though current market cap is only 29% above the November 2021 peak.

2. A key catalyst for a supercycle could be the US Dollar Index (DXY) dropping below 95, potentially driving investment into alternative assets like crypto.

3. The crypto ETF industry, though growing, remains small compared to traditional asset classes, with $190 billion in assets versus $2 trillion in S&P 500 ETFs.

4. Strategic Bitcoin reserves, such as a potential Trump administration accumulation of 200,000 BTC, could signal a supercycle.

5. Search volumes for crypto-related terms and app rankings have declined, while memecoin market cap is down from its December 2024 peak.