The cryptocurrency market has recently reached an important milestone, surpassing US$$ 4 trillion in market capitalization. This reflects the growing confidence and adoption of digital assets worldwide.
*Current Market Situation:*
- Market capitalization: approximately US$$ 3.88 trillion (according to CoinMarketCap) or US$$ 3.85 trillion (according to TradingView), with CoinGecko listing above US$$ 4 trillion
- Bitcoin dominance: nearly 60% of the market, with the current price around US$$ 120,000
- Altcoins are gaining momentum, with some outperforming Bitcoin's gains
*Key Factors Driving the Market:*
- *Institutional demand*: increase in investment from institutions, especially in Bitcoin
- *Regulatory clarity*: potential for clearer regulations in the US, with recent legislative developments
- *Technological advancements*: improvements in stablecoins and other digital assets
*Notable Performances:*
- *Bitcoin*: surged to over US$$ 120,000, showing increased institutional demand
- *Ethereum*: gained 20% this week, reaching highs of US$$ 3.640
- *XRP*: rose nearly 20%, reaching US$$ 3.64
