#CryptoMarket4T

The cryptocurrency market has reached a significant milestone, with the total market capitalization hitting $4 trillion for the first time. This achievement is driven by an altcoin rally, with Bitcoin trading near $118,000. Here are some key updates:

Market Performance

- *Total Market Capitalization*: $4 trillion

- *Bitcoin Price*: Trading near $118,000, with a slight decrease of 0.70% to 1.80% in the last 24 hours

- *Ethereum Price*: Surpassed $3,600, currently trading at $3,604.53 with a 0.60% increase

- *Altcoin Performance*: XRP and Ethereum have outperformed Bitcoin, signaling an altseason

Notable Events

- *Liquidation Events*: The cryptocurrency market experienced liquidations of around $816 million in the last 24 hours

- *Bitcoin Dominance*: Increasing, affecting altcoin market and potentially delaying altcoin season

- *Regulatory Progress*: U.S. stablecoin ban could drive Ethereum and DeFi growth, while Tether aligns USDT with GENIUS Act regulations

- *Institutional Growth*: Bitcoin ETFs reshape crypto landscape with institutional growth, leading to a decline in self-custody

Top Gainers

- *Ethereum Classic (ETC)*: Surges 20% amid bullish trends, reaching $24.55

- *Zebec Network*: Shows strong bullish support, indicating potential for a price rally.