#CryptoMarket4T Crypto Market Hits $4 Trillion
The global cryptocurrency market capitalization has smashed through the $4 trillion mark for the first time, driven by a powerful altcoin-led rally. This milestone positions the crypto sector just below Nvidia's $4.2 trillion market cap, the most valuable publicly traded company globally.
Key Drivers Behind the Rally
- *US Regulatory Wins*: The US House of Representatives passed three key cryptocurrency-related bills, fueling institutional interest and market growth.
- *Altcoin Surge*: Altcoins like XRP, Ethereum, Solana, Dogecoin, and Cardano outperformed Bitcoin, signaling an emerging altseason.
- *Bitcoin's Steady Performance*: Bitcoin commands nearly 60% of the market, trading near $118K-$120K.
Market Outlook
Experts say ETF inflows, policy clarity, and legislative progress support the rally. With Bitcoin dominance easing, capital appears to be rotating into altcoins.
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