#CryptoMarket4T
The total market capitalization of the global cryptocurrency market has surpassed 4 trillion dollars for the first time, driven by strong growth in major altcoins such as Ethereum (ETH) and XRP, as well as renewed interest from investors and institutions following significant legislative events in the United States.
Main catalysts for this increase:
Legislation: The U.S. House of Representatives passed significant cryptocurrency laws, including the GENIUS Act and the CLARITY Act, which provide regulatory clarity—especially for stablecoins and digital asset markets. This regulatory progress has bolstered confidence and legitimacy in this space and is seen as a pathway to broader institutional adoption.
Executive Order (in process): President Trump is expected to sign an executive order allowing 401(k) pension funds (a $9 trillion market) to invest directly in cryptocurrencies, which will open the doors for significant new inflows.
ETF Influx: Spot Bitcoin and Ethereum ETFs recorded record investments, indicating growing institutional exposure. In July alone, $5.5 billion was invested in Bitcoin ETFs and $2.9 billion in Ether ETFs.
Altcoin Growth: ETH and XRP led the market, with XRP reaching new all-time highs and Ethereum increasing by approximately 8% in value; these altcoins outperformed Bitcoin's steadier gains above $120,000.