The total capitalization of all cryptocurrencies surpassed 4 trillion, marking it's highest level since 2021.
Several factors are in play:
-Major U.S legislation like genius act and clarity act providing clear frameworks for stablecoins and digital assets.
-Institutional interest like spot bitcoin and ethereum ETFs are seeing record inflows.
-Huge price rises with bitcoin above 123k, ethereum around 3.6k and xrp hitting 3.60 dollars.
The 4 trillion milestone highlights market maturation where leading tokens dominate, decentralized platforms grow, and institutional crypto adopting is ramping up.
What to anticipate:
-Options expiries that can add volatility but also institutional depth.
-Future U.S actions like executive backing for crypto in retirement accounts and further legislative moves.
-Continued liquidity flow like spot ETFs, stablecoin frameworks, decentralized finance, and token burns.
Thanks to that, binance's bnb token has real-world use cases like fees, staking, travel, DeFi, etc.🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
