The total value of the cryptocurrency market is rapidly approaching the $4 trillion threshold, fueled by strong daily gains in major assets like Bitcoin, Ether, and XRP. This surge comes as momentum builds following the U.S. House of Representatives passing three significant crypto-related bills.
If the market cap breaks the $4 trillion mark, it would place the crypto sector just behind Nvidia—the world’s most valuable publicly traded company—which recently hit a $4.2 trillion valuation after surpassing $4 trillion for the first time on July 9.
Estimates from platforms like CoinMarketCap peg the crypto market cap around $3.8 trillion, while TradingView reports it closer to $3.9 trillion—surpassing its previous all-time high of $3.73 trillion recorded in December.
Other trackers, including CoinGecko, already indicate the market has crossed the $4 trillion milestone.
ETH and XRP Lead the Rally
Bitcoin briefly reclaimed the $120,000 level on Thursday after a modest gain, but it was Ether and XRP that stood out. Ether soared more than 8% to trade above $3,600—a level not seen since early January—marking a 40% increase over the past two weeks.
XRP, the token powering Ripple’s cross-border payment system, jumped nearly 20% in a single day to reach $3.64 early Friday, its highest price of the year so far.
Analysts See Room for Further Growth
Nick Ruck, director at LVRG Research, commented on the market’s bullish momentum:
“Traders are reacting to the wave of regulatory progress and growing institutional participation. We expect the upward trend to continue as more companies and investors enter the space.”
Nassar Al Achkar, chief strategy officer at CoinW, echoed the sentiment:
“Optimism around the GENIUS Act and President Trump’s initiative to include crypto in U.S. retirement portfolios is pushing markets higher. These moves could unlock massive institutional capital flows into the crypto ecosystem.”
With political support mounting and institutional interest growing, the crypto market could be on the verge of reaching new historic highs.
Download the FREE Bitcoin Mining eBook
Kickstart your mining journey with essential insights:
https://bitmernmining.com/landing-page-ebook-download/
For more news, find me on Twitter Giannis Andreou and subscribe to My channels Youtube and Rumble
What is your opinion on this particular topic? Leave us your comment below! We are always interested in your opinion!
