Date: 21 May 2025

Crypto Market Cap Nears $3.5 Trillion Amid Renewed Investor Confidence

Total Market Cap: ~$3.46 trillion
24h Change: +1.2%

Market Overview:
Bitcoin's Performance: Bitcoin $BTC has surpassed the $106,000 mark, indicating strong market confidence despite recent economic uncertainties.

Altcoin Rally: Major altcoins, including $ETH and Chainlink, have experienced significant gains, with Ethereum rising over 7%.

Regulatory Developments: The U.S. Senate's advancement of the GENIUS Act, aimed at regulating stablecoins, has been positively received by the market, contributing to the overall bullish sentiment.

Future Projections:
Market analysts anticipate that the total crypto market capitalization could exceed $4 trillion in Q2 2025, driven by increasing institutional participation and favorable regulatory frameworks.