#CryptoMarket4T The cryptocurrency market has indeed reached a significant milestone, with its market capitalization recently surpassing $4 trillion. This achievement is attributed to several factors, including.

- *Strong Gains in Major Cryptocurrencies*: Bitcoin, Ether, and XRP have seen substantial price increases, driving the market cap upward. Specifically, Ether surged 8% to top $3,600, while XRP skyrocketed nearly 20% to a year-to-date high of $3.64.

- *Favorable Regulatory Developments*: The US House of Representatives passed key crypto bills, including the GENIUS Act and CLARITY Act, which aim to establish a clear regulatory framework for digital assets. This move has boosted investor confidence and fueled the market rally.

- *Increased Institutional Interest*: Record inflows into spot Bitcoin and Ethereum ETFs, led by BlackRock, indicate growing institutional interest in cryptocurrencies.

The current market capitalization stands at around $3.93 trillion, with the total trading volume for cryptocurrencies in the last day being $297 billion. Bitcoin's dominance is 59.8%, while Ethereum's is 10.9%. The crypto market Fear and Greed Index is currently at 74, reflecting a sense of optimism.

It's worth noting that reaching a $4 trillion market cap puts cryptocurrencies just behind Nvidia, the world's largest publicly listed company, which recently surpassed the same valuation.