#CryptoMarket4T
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The total market value of cryptocurrencies has surpassed 4 trillion dollars for the first time, driven by rising altcoin prices and momentum from comprehensive U.S. legislative efforts to regulate this sector.
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Fadi Abu Alfeh, head of research at Cooper, stated: "It seems that Bitcoin reaching $150,000 is inevitable." The original cryptocurrency represents about 60% of the total digital market value.
This achievement came after the passage of the first-ever federal legislation on stablecoins, a significant milestone during what lawmakers called "Crypto Week." The bill, supported by Republicans and sponsored by President Donald Trump, establishes federal or state-level oversight of dollar-pegged stablecoins, aiming to legitimize a $265 billion market, which Citigroup analysts expect will grow to $3.7 trillion by 2030.