The total market capitalization of all cryptocurrencies has surged past $4 trillion, marking a new milestone in crypto valuation. This jump was chiefly driven by strong performances in Ethereum and XRP, with Bitcoin also providing support.
Ether led the charge, climbing around 8% to reach above $3,600, its highest level since early January—a nearly 40% gain over the past two weeks. Simultaneously, XRP surged almost 20%, hitting a year-to-date peak near $3.64 as investor interest poured into altcoins.
Bitcoin remained solid, reclaiming the $120,000 threshold before settling in the $118K–$119K range. Industry watchers noted that the rally was likely fueled by recent U.S. legislative progress, with the House passing three crypto-related bills and the GENIUS Act advancing—creating optimism around the regulatory landscape.
Analysts say this uptrend reflects both renewed institutional inflows and a broader crypto-friendly policy pivot. Nick Ruck of LVRG Research commented that “Traders see digital asset prices surge from regulatory and institutional support.” Meanwhile, Coinbase’s Nassar Al Achkar noted that “bullish regulatory and institutional developments” had triggered a risk-on shift across markets.
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