The market capitalization of cryptocurrencies has reached an unprecedented level, surpassing the $4 trillion mark for the first time in history, amid rapid legislative moves within the United States aimed at regulating this sector and enhancing its stability.
According to data from the "CoinGecko" platform, the market capitalization of cryptocurrencies during trading on Friday was approximately $4.003 trillion, reflecting a strong upward wave that the market is experiencing.
This increase was driven by the historic approval of the U.S. House of Representatives for three major bills to regulate digital currencies, a step that could pave the way for establishing a comprehensive legal framework governing this field and enhancing the United States' position as a leading force in the digital assets market, encouraging more investors and institutions to enter the market.