Ether and XRP Surge May Propel Crypto Market Cap Toward $4 Trillion Amid US Regulatory Advances
2025-07-18 04:11:56
Main Idea
The cryptocurrency market is experiencing a significant rally, led by Ether (ETH) and XRP, following the US House's approval of key crypto bills, with the total market cap nearing $4 trillion.
Key Points
1. Ether (ETH) surged over 40% in two weeks, breaking past $3,600, while XRP rose nearly 20% in a day, reaching a year-to-date peak of $3.64.
2. The total crypto market cap is approaching $4 trillion, close to Nvidia's $4.2 trillion valuation, reflecting growing institutional interest and regulatory progress.
3. The US House approved three pivotal crypto bills, including the GENIUS Act, which has bolstered market confidence and institutional participation.
4. Bitcoin (BTC) has shown stability during the rally, complementing the gains of altcoins like Ether and XRP.
5. Market analysts highlight the convergence of regulatory support and institutional interest as key drivers for the crypto market's maturity and expansion.
Description
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