#CryptoMarket4T
š¢ The global cryptocurrency market has reached a significant milestone, surpassing $4 trillion in market capitalization. This achievement comes amid a surge in institutional investment, regulatory breakthroughs, and growing confidence in digital assets.
⨠Key Highlights:
- Market Capitalization:
The crypto market cap hit $4.01 trillion, with Bitcoin dominating around 60% of the market.
- Regulatory Progress:
The US House of Representatives passed three crypto-related bills, including the GENIUS Act, which regulates stablecoins. President Donald Trump signed the bill into law.
- Top Performers:
Ethereum rose 22% in five days, while Solana and Uniswap jumped 6.5% and 24%, respectively. Bitcoin reached a record high of $123,205.
- Institutional Investment:
US-listed crypto ETFs saw significant inflows, with Bitcoin funds drawing $5.5 billion and Ether ETFs adding $2.9 billion in July.
The milestone reflects growing mainstream adoption and confidence in the regulatory outlook.