Crypto sector breaches $4 trillion in market value during pivotal week
UNITED STATES, JUL 18 – The GENIUS Act creates federal oversight for stablecoins, boosting investor confidence and driving altcoin rallies that helped crypto surpass $4 trillion, according to CoinGecko data.
- The crypto sector's market value exceeded $4 trillion for the first time on Friday, reflecting its growth from a niche asset class to a central financial component, according to CoinGecko.
- President Donald Trump signed the GENIUS Act, the first federal law regulating stablecoins, bringing oversight to the largely unregulated market.
- The law requires disclosures and financial statements for major stablecoin issuers, legitimizing the cryptocurrency industry.
- Analysts foresee the stablecoin market growing to $3.7 trillion by 2030, driven by institutional interest and the new legislative framework.
33 Articles
33 Articles
Crypto breaches $4tr in market value
The crypto sector's market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. A wave of renewed optimism, regulatory clarity in key markets and rising institutional flows have catapulted the crypto sector to a new valuation peak. The US House of Representatives passed a bill on Thursday to create a regulatory framewo…
Crypto Sector Breaches $4 Trillion in Market Value During Pivotal Week
Crypto market cap surges past $4 trillion on landmark GENIUS Act law
The total market cap of crypto assets surged past $4 trillion for the first time on the back of milestone federal legislation – which has been viewed as a sign that the industry is turning more mainstream.
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