Crypto Market Cap Approaches $4 Trillion
The cryptocurrency market is nearing a historic $4 trillion market capitalization, propelled by significant gains in Ether (ETH) and XRP, with Bitcoin (BTC) maintaining strong momentum. This growth coincides with positive regulatory developments in the U.S., including three major crypto bills passing in the House.
Market Drivers
- Ether (ETH) rose 8% to surpass $3,600, its highest since January
- XRP surged nearly 20% in a day, hitting a yearly high of $3.64
- Bitcoin (BTC) stabilized above $120,000, demonstrating market resilience
Regulatory Impact
The GENIUS Act and potential retirement market inclusion could channel trillions in institutional funds into crypto, according to market analysts.
Market Data
While CoinMarketCap reports $3.8 trillion and TradingView shows $3.9 trillion, CoinGecko confirms the market has already exceeded $4 trillion.
Expert Perspectives
“Institutional adoption and clearer regulations are fueling this growth,” notes Nick Ruck of LVRG Research. Nassar Al Achkar from CoinW adds, “These developments mark a turning point for mainstream crypto acceptance.”
