The total market capitalization of cryptocurrency is hovering impressively close to the $4 trillion mark. This surge is attributed to daily increases in the values of Bitcoin, Ether, XRP, and others, especially as three major cryptocurrencies have now been adopted in US households.
On July 9th, the crypto market cap reached $4 trillion for the first time, rivaling Nvidia, the largest public company globally, but has since seen some fluctuations, with current estimates around $4.2 trillion.
According to Binance-owned Coinmarketcap, the peak figure for the crypto market was around $3.8 trillion, while TradingView reported a slightly higher number of $3.9 trillion, marking an increase from December’s peak of $3.73 trillion.
Interestingly, some platforms, like Coingecko, have reported a market capitalization that exceeds these milestones.
Just In: Crypto’s total market capitalization reached a new ATH of 4TT. pic.twitter.com/ge8hrfegwz
– Coingecko (@coingecko) July 18, 2025
ETH and XRP driving market profits
Bitcoin (BTC) broke the $120,000 barrier again on Thursday thanks to consistent minor gains. However, it’s Ether (ETH) and XRP that have really taken off after three important legislative measures were passed before the August recess.
Ether prices jumped 8%, reaching $3,600 for the first time since early January, reflecting a 40% increase over the last two weeks.
On another note, Ripple’s XRP token surged nearly 20% during early trading on Friday.
Related: XRP is approaching a market capitalization of $200 million for the first time. Prices are nearing record highs.
Analysts say profits will increase in the future
“Traders are witnessing a notable increase in digital asset prices due to both regulatory and institutional backing,” Nick Ruck, director of LVRG Research, mentioned.
“We expect this growth to sustain as institutions strive for deeper integration with the crypto sector.”
Markets boosted by US regulations
According to Nassar Al Achkar, Chief Strategy Officer at Coinw Crypto Exchange, “We’re dedicated to offering a variety of services to our clients.”
“The recent passing of the Genius Act along with Trump’s proposal to open the US retirement market to crypto can free up trillions in potential capital.”
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