Milestone: Cryptocurrencies are now a USD $ 4 billion market in capitalization
By Hannah Pérez
The cryptocurrency market for the first time touches a capitalization of USD $ 4 billion, with Bitcoin and Ether representing more than 70%together. Regulatory clarity and institutional appetite drive prices.
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- The cryptocurrency market for the first time reaches a capitalization of USD $ 4 billion.
- Bitcoin and Ether represent more than 70% of the total value of the cryptocurrency market.
- Regulatory clarity in the United States and institutional appetite feed the upward cycle.
The global cryptocurrency market has overcome for the first time a market capitalization of 4 billion dollars, consolidating as a class of assets that leaves its niche stage on the Internet in the past.
The data of Coingcko They show that the capitalization of cryptocurrency market reached a historical maximum of USD $ 4,003 billion on Friday at dawn (New York) before a slight reverse.
Bitcoin (BTC) currently dominates almost 60% of the total cryptocurrency market, with a capitalization of 2.36 billion dollars. Next to Ethereum (ETH) represent just over 70% of the total market value.
Rub -up on the cryptocurrency market
The milestone occurs in the middle of a broader rebound throughout the cryptocurrency market, where some main Altcoins They rose to two percentage digits in 24 hours. Bitcoinwhich won a maximum historical price of USD $ 123,000 on Monday, has risen 0.60% to negotiate around USD $ 119,000 at the time of edition.
The second largest cryptocurrency, ETH, with a market capitalization of USD $ 436 billion, changes hands at a top of USD $ 3,600, last view at the beginning of the year, with a profit of 4.54% in the day and just over 20% in the week.
Other prominent winners are XRP, which arose to take a height of USD $ 3.6, very close to its historical maximum, registering a new market for USD market capitalization $ 203.7 billion in the morning hours, According to the data source.
Solarium (Sun) has won more than 8% in the week and negotiated early about $ 184. Dogecoin (Doge) added more than 11% in the day to 0.247 dollars and Cardano (ADA) went up to take a local cap of $ 0.88, last seen in March.
Political clarity and institutional flow are behind
The price rebound is promoted by a growing institutional interest and a regulatory panorama that changes favorably in the United States. The US Chamber of Representatives. UU. On Thursday, three cryptocurrency bills, including the Genius Law, which proposes a framework to regulate the regular the Stablecoinsand Clarity, who seeks to clarify the rules for the market.
The historical approval effectively sends the Genius law to the desk of President Donald Trump for his signature, which probably happens in the next few days, officially becoming the first major cryptocurrency legislation in the country.
Beyond political clarity, the appetite of large global institutions and corporations, is helping to attract fresh capital to the market. The solid flow of entries in the funds quoted in the stock market (ETF) of Bitcoin In cash in the United States and the growing trend of companies to create cryptocurrency treasures, they are two reflections of this dynamic.
The ETF of Bitcoin The cash extended their ticket streak for 11th consecutive days, attracting USD $ 5.4 billion in the period. Also your peers Ethereum They have seen a continuous flow of tickets for about USD $ 3 billion since the beginning of the month, according to data from Sosovalue. This is aligned with the behavior of public companies buying for their treasury.
“Bitcoin is now appearing in the balances, the ETFs are acting as credible input ramps and the stable currencies are growing as a parallel payment system“, Said cryptocurrency analyst BTC MarketsRachael Lucas.
“Crossing the brand of the 4 billion dollars is not just symbolic; points out a structural revaluation of cryptocurrencies in the global financial system“He added for his part the CIO of Kronos Research, Vincent Liu, on the capitalization milestone. “Bitcoin’s rupture, ETF’s persistent entries and the growing clarity of policies have aligned to attract serious capital to space again“
Hannah Estefanía Pérez / Diariobitcoin
Image generated with AI tool, under free use license
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