Crypto market cap nears $4T, just behind the biggest company in the world
2025-07-18 04:13:12
Main Idea
The total crypto market capitalization is nearing $4 trillion, driven by surges in Ether and XRP prices, following the passage of three major crypto bills in the US House.
Key Points
1. Total crypto market capitalization is close to $4 trillion, with some trackers reporting figures between $3.8 trillion and $3.9 trillion.
2. Ether and XRP are leading the market gains, with Ether rising 8% to $3,600 and XRP surging nearly 20% to $3.64.
3. The surge follows the US House passing three key crypto bills ahead of the August recess.
4. Bitcoin also saw gains, topping $120,000 again, though Ether and XRP outperformed.
5. Analysts suggest further gains are possible due to institutional developments and regulatory progress.
Description
Surges in the price of Ether and XRP have driven total crypto market capitalization to record highs just shy of $4 trillion.
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