📍Data from Binance Research: AI Explosion – Crypto Approaches $4T

📌 The crypto market capitalization has reached $3.95T, the highest level in history. Leading this surge is Ethereum, as ETH outperforms BTC thanks to circulating cash flow and expectations around staking, ETFs, and L2. This marks the second consecutive week that ETH has led the market.

📌 Tech and AI stocks continue to hit new highs, pulling the S&P 500 up to 6,409 points. A risk-on sentiment is spreading, supporting the upward trend of crypto, particularly assets related to the AI narrative and the Ethereum ecosystem.

📌 The USD has strengthened, with the DXY index rising +2.7% over the past week, reflecting the Fed's "higher for longer" stance and instability factors from new tariff policies. Investors are beginning to hedge against import inflation risks.

📌 The market is entering a sensitive phase in early August, with many important economic data points such as NFP, GDP, and PCE set to be announced. This is typically a period of high volatility before the September FOMC meeting.

📌 Binance emphasizes that a new growth cycle for crypto is forming, driven by the AI supercycle, momentum from traditional markets, and upcoming major events (ETH ETF, token unlock, L2 launch...).