#CryptoMarket4T
The value of cryptocurrencies exceeds 4 trillion dollars for the first time ever
The market capitalization of cryptocurrencies has risen above the 4 trillion dollar mark for the first time ever, driven by gains in the crypto market due to increasing legislative momentum in the United States to regulate the sector.
During trading on Friday, the market capitalization of cryptocurrencies reached approximately 4.003 trillion dollars, according to "CoinGecko" data.
This was supported by the U.S. House of Representatives voting on three bills to regulate the cryptocurrency sector, where the approval paves the way for establishing a regulatory framework for the sector and the dominance of the United States over crypto assets.