#CryptoMarket4T The crypto market hit a major milestone recently - *$4 Trillion Market Cap*. This was driven by a powerful altcoin-led rally, even as Bitcoin trades near $118K. Here's what's happening in the crypto market ¹:
- *Altcoin Surge*: Altcoins like XRP and Ethereum outperformed Bitcoin, signaling an "altseason".
- *Bitcoin's Dominance*: Bitcoin's market dominance decreased to 59.71%, with altcoins gaining traction.
- *Regulatory Progress*: Positive regulatory developments and ETF inflows support market growth.
- *Market Cap Breakdown*: Bitcoin's market cap is $2.36 trillion, with stablecoins accounting for $266 billion (6.71% of total crypto market cap).
The crypto market's renewed strength is fueled by optimism and significant inflows into Ethereum ETFs.