Crypto market cap nears $4 Trillion – Who’s leading and what’s next?

Key Points

1. The global crypto market cap stands at $3.81 trillion, close to its all-time high of $3.83 trillion, with Bitcoin and Ethereum leading the rally.

2. Bitcoin's price is $121,913 with a market cap of $2.42 trillion, while Ethereum is priced at $3,062 with a market cap of $369.74 billion, together accounting for over 73% of the market.

3. Factors driving the surge include growing global recognition of cryptocurrencies, approval of Bitcoin spot ETFs, and increased trading volumes (Bitcoin's 24-hour volume up 147.35%, Ethereum's up 82.4%).

4. A break above $4 trillion could reshape long-term narratives, with Bitcoin potentially reaching $150K and Ethereum $5,000-$6,000, pushing Ethereum's market cap toward $1 trillion.

5. Corporate adoption by companies like Tesla and KFC, along with demand in countries like Argentina, is further supporting the market's growth.