Whole crypto market capitalization is inside putting distance of the $4 trillion milestone, pushed by a each day surge in Bitcoin, Ether, XRP and different cryptocurrencies as three main crypto payments had been handed within the US Home.
A $4 trillion market cap would place cryptocurrencies simply behind Nvidia, the largest publicly-listed firm on the planet, which crossed a $4 trillion market cap for the primary time on July 9 and is now at $4.2 trillion.
Binance-owned CoinMarketCap reveals peak crypto market capitalization figures at $3.8 trillion, whereas TradingView has the quantity at $3.9 trillion, increased than the earlier peak of $3.73 trillion in December.
Nevertheless, some trackers like CoinGecko have already proven that crypto market capitalization has crossed the milestone.
JUST IN: The entire crypto market cap has hit a brand new ATH of $4T. pic.twitter.com/gE8hRFegwz
— CoinGecko (@coingecko) July 18, 2025
ETH and XRP driving market positive factors
Bitcoin (BTC) topped $120,000 once more on Thursday following a minor each day achieve, however Ether (ETH) and XRP (XRP) are surging after the US Home passed three key crypto bills forward of the August recess.
Ether costs rose 8% to prime $3,600 for the primary time since early January, culminating in a 40% gain for the asset over the previous fortnight.
In the meantime, the Ripple cross-border token XRP skyrocketed virtually 20% on the day to a year-to-date excessive of $3.64 in early buying and selling on Friday.
Associated: XRP is about to hit $200B market cap for first time; price nears record
Extra positive factors to come back, say analysts
“Merchants see digital asset costs surge from regulatory and institutional assist,” director at LVRG Analysis, Nick Ruck, instructed Cointelegraph.
“We’re optimistic that this development will proceed as establishments race to advance integration with the crypto trade.”
Markets boosted by US laws
“Bitcoin and different cryptocurrencies surged as merchants entered a risk-on mode because of bullish regulatory and institutional developments,” added Nassar Al Achkar, chief technique officer at CoinW crypto change.
“The passing of the GENIUS Act and Trump’s plan to open the US retirement market to crypto investments might unlock trillions in institutional capital.”
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