Crypto Market Cap Hits US $4 Trillion: Digital Assets Enter a New Era

In a historic week for the digital asset industry, the total global cryptocurrency market capitalization has surpassed a record US $4 trillion for the first time. This milestone marks the transition of crypto from a speculative product to an integrated component of mainstream finance.

Legislative Momentum and Institutional Support Drive Growth

According to a recent Financial Times report, the crypto market value surged sharply after the U.S. House of Representatives passed the Genius Act, which provides regulatory clarity for stablecoins. Combined with other legislative support, this step significantly boosted institutional confidence.
Reuters also emphasized that the policy triggered a surge in inflows into stablecoins and crypto ETF products, while Bitcoin crossed the US $120,000 threshold, ultimately pushing the total market cap beyond US $4 trillion.

Leading Assets Drive the Rally

Market leaders such as Bitcoin and Ether were the main drivers of this surge—Bitcoin reached a new record above US $120,000, while Ether jumped more than 40% in the past two weeks, breaking through the US $3,600–3,640 range.
Additionally, XRP soared nearly 20%, recording its highest annual price at around US $3.64, signaling strong capital inflows into top altcoins.

Key Growth Drivers

• Stablecoin Regulatory Clarity – The Genius Act provides an official legal framework for stablecoins, reinforcing institutional investor confidence and strengthening the dominance of digital assets.

• Institutional Capital Shift – Crypto ETFs have experienced massive net inflows, reflecting a major shift of funds from traditional sectors into crypto.

• Technology Momentum and Altcoin Activation – Advancements in blockchain technology and the adoption of DeFi have propelled altcoins such as Ether, XRP, and Solana to join this rally.