🚀 Crypto Market Milestone: $4 Trillion
The global cryptocurrency market capitalization has surpassed $4 trillion for the first time ever over the past week—a landmark moment in the space.
Key drivers behind the surge:
Regulatory Breakthrough – The “Genius Act”
The U.S. House passed—and President Trump signed—the GENIUS Act, the first federal law regulating stablecoins (crypto pegged to traditional currencies).
This clarity paved the way for institutional players to engage more confidently and spurred speculation of banks like JPMorgan, Citi, and BofA issuing their own stablecoins.
Institutional Inflows & Altcoin Rally
Bitcoin surged past $120,000 (peaking over $123K), while Ether doubled in value over three months, recently reaching $3,500–$3,600.
Altcoins like Uniswap and Solana saw significant gains—partly fueled by the stablecoin law news.
Quick Market Highlights
Bitcoin hit an all-time high above $123,000; it's currently trading under $118,000.
Ether is trading around $3,544, enjoying a multi-month high.
The total market cap briefly dipped slightly after the initial peak, but remains firmly above the $4 trillion mark.