The maximum Crypto market is approaching 4 trillion dollars, as Bitcoin and Altcoins increase after the main American legislation star-news.press/wp
Evolution journalist
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Evolution journalist
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Involve
The total ceiling of the encryption market quickly approaches the $ 4 trillion brand, driven by strong gains in bitcoin, ether, XRP and other major encrypted currencies.
Main meals:
- The total ceiling of the encryption market increased beyond $ 4 trillion, driven by bitcoin, ether and XRP.
- The US House of Representatives approved three main encryption bills, which strengthened the investor confidence and feeding the market gathering.
- Trump’s extensive encoding possessions raises concerns about conflicting interests.
The increase follows the US House of Representatives, which passes three bills related to encryption just before the August holiday.
according to CoinmarketcapThe maximum Crypto market reached about $ 3.8 trillion, while Tradingview set the number closer to $ 3.9 trillion, both of which exceeded the previous record of $ 3.73 trillion in December.
The maximum Crypto market exceeds 4 trillion dollars
Meanwhile, Coingecko has already reported that the maximum market has crossed the 4 trillion dollars.
Bitcoin regained its foot above $ 120,000 on Thursday, and witnessed modest daily gains.
The ether has increased by 8 %, reaching $ 3600 for the first time since January, which represents a 40 % increase in the past two weeks.
Meanwhile, XRP has seen a dramatic increase of approximately 20 %, reaching the highest level to $ 3.64 early on Friday.
Access to the maximum market of $ 4 trillion will put encrypted currencies behind NVIDIA, the largest listed company in the world, which recently exceeded the same evaluation.
The recent legislative momentum in the United States has strengthened investor confidence, which sparked new enthusiasm for digital assets in all fields.
On Thursday, the US House of Representatives approved three draft laws related to encrypted currencies, as he sent one directly to President Donald Trump and others to the Senate.
These moves are part of the broadest effort of the Trump administration to establish the United States as a “world of encryption capital” during what the president calls “the week of encryption”.
The main bill, which is heading to Trump, the Genius Act, provides primary regulations and consumers’ protection for Stablecoins, and cryptocurrencies associated with stable assets such as the US dollar.
The house has gone through the support of the two parties and aims to balance innovation while protecting consumers in the scene of advanced payments.
Another draft law, which was approved by a narrower margin, seeks to clarify how to organize different types of digital assets, and the discrimination of goods, which are supervised by the commodity futures trading committee, from the securities, organized by the Securities and Exchange Committee.
Legislation is now transferred to the Senate for more study.
The third draft law, which has been pronounced in a narrow manner, prohibits the United States to issue a digital currency for the Central Bank (CBDC), which mainly prohibits government -backed digital money. This draft law is also awaiting a review of the Senate.
The Trump family property possesses the involvement of conflicts of interests
The Trump family carries great interests in encryption projects, including the world of financial freedom, which raises concerns about the conflict of interests and potential corruption.
According to the financial disclosures issued last Friday, the former president achieved $ 58 million of Crypto Ventures in 2024, primarily through the distinctive code sales of WLFI.
This total only fails to enter hospitality, and is expected to climb more in 2025 by selling a special code of $ 390 million expected, which was launched in January.
His participation in bitcoin mining, distinctive assets, and digital investment funds raise concerns about the conflict of potential interests.
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2025-07-18 06:37:00
