Global Crypto Market Soars Near $4 Trillion, Closing in on Nvidia's Valuation
The global cryptocurrency market capitalization is rapidly nearing the $4 trillion mark — now just behind Nvidia’s towering $4.2 trillion valuation.
Leading the charge are Ethereum (ETH) and Ripple’s XRP, which surged 8% and 20% respectively, fueled by strong regulatory momentum as the U.S. House passed three landmark crypto bills.
Analysts highlight that the GENIUS Act and new proposals allowing crypto in U.S. retirement portfolios could unleash trillions in capital, accelerating adoption at an unprecedented pace.
According to CoinMarketCap, total crypto market cap now sits at $3.8 trillion, with TradingView placing it closer to $3.9 trillion — both well above the previous all-time high of $3.73T set in December 2024. CoinGecko data already shows the $4T barrier has been broken.
ETH and XRP Ignite Market Rally
Bitcoin (BTC) reclaimed the $120,000 level with modest momentum, but the real stars are ETH and XRP.
Ethereum rallied 8%, breaching $3,600 for the first time since January, now up 40% over the past two weeks.
XRP exploded 20% in a single day, hitting a 2025 high of $3.64 following major wins in U.S. regulatory policy.
All this comes as the House of Representatives clears three key bills right before the August recess, strengthening the legal framework for crypto.
Regulatory Breakthroughs Spark Institutional Optimism
Bullish sentiment is building across the board as sweeping U.S. legislation paves the way for broader adoption.
The GENIUS Act and Trump-backed proposals to integrate crypto into retirement accounts are being seen as game-changers. Analysts believe these developments could unlock trillions in institutional flows into the digital asset space.
“Traders are going risk-on again as policy clarity fuels the next growth wave,” said CoinW CSO Nassar Al Achkar.
LVRG Research’s Nick Ruck adds: “Institutions are speeding up crypto integration — this isn’t a short-term spike, it’s structural.”
Crypto Closing In on Tech Giants
The market’s rise toward $4 trillion isn’t just a milestone it signals a fundamental shift in how crypto is viewed globally.
With increasing ETF inflows, corporate treasury exposure, and now retirement plan access on the table, ETH and XRP are leading crypto into a new financial era.
If the market crosses $4T, it could trigger the next bull leg positioning crypto as a rival to the world’s largest tech titans.