🔥 Crypto Market Soars in July Binance Report
July was a big month for crypto total market cap grew 13.3%, with Bitcoin hitting multiple highs and altcoins stealing the spotlight. 🚀
💡 Key highlights:
Altcoins outperform #BTC : Bitcoin dominance dropped to 60.6%, altcoins rose to nearly 39.2%.
#ETH on fire: Corporate holdings surged 127.7% to 2.7M ETH, with prices up 50%.
Regulatory boost: The GENIUS Act set a federal framework for fully backed stablecoins, prompting big banks like JPMorgan & Citi to expand tokenized payments.
Stablecoins go mainstream: On chain stablecoin transfers have topped Visa’s volumes since late 2024.
Tokenized stocks rising: Market value hit $370M, with Tesla and S&P 500 ETF leading the way.
💬 With new laws, institutional interest, and booming altcoins, July might just be a preview of what’s coming for crypto in 2025.
