#CryptoMarket4T

The crypto market recently reached a significant milestone, exceeding a total market capitalization of $4 trillion.

Here's a closer look at this event:

Milestone Reached: The crypto market surpassed the $4 trillion capitalization mark, a level not seen since the 2021 bull run.

Driving Factors:

Strong performance of altcoins and a rally in the broader crypto market.

Momentum from the passing of a landmark US stablecoin bill, the GENIUS Act, designed to regulate the sector, according to Bloomberg and New York Post.

Increased institutional interest and record inflows into crypto ETFs, according to FXLeaders.

A shift in the US political landscape, with the re-election of the President considered pro-crypto, notes TradingView.

Key Assets Leading the Rally:

Bitcoin (BTC) crossed $120,000, confirming its dominant position with over 60% of the market capitalization, according to Cointribune.

Ethereum (ETH) also saw a significant surge, doubling its value in the past three months.

XRP emerged as a top performer, with its market capitalization surpassing $210 billion and reaching an all-time high of over $3.60.

Shifting Ecosystem: This surge is not merely a speculative rebound but reflects a maturing crypto ecosystem, characterized by:

Increased decentralization.

A focus on major assets.

A new relationship with stock markets.