The crypto market just smashed through the $4 trillion barrier. For the first time ever, the global market cap topped $4 trillion on Thursday. Not just a pretty number, this is a full-blown structural shift! As of now, Coingecko’s data shows the market cap at around $4.003 trillion, with a staggering $260.2 billion worth of crypto changing hands in the last 24 hours.
Now, let’s talk about the big daddy of the market, Bitcoin. It still dominates with a solid 59.91% share, sitting pretty at a $2.39 trillion cap. It’s not just a number on the screen; this is the king of the crypto world we’re talking about.
Vincent Liu, the CIO of Kronos Research, put it perfectly: crossing the $4 trillion mark isn’t just a number, it’s a signal that crypto is getting its act together in the global financial system. Bitcoin’s rise, the steady flow of ETF investments, and a bit of policy clarity have drawn serious money back into the space. Sounds like a recipe for a nice, juicy rally, right?
The Altcoin Surge
And it’s not just Bitcoin riding high; altcoins are making waves, too. XRP shot up by 20%, leaving its old all-time high of $3.4 in the dust and now trading at $3.62. Ether’s not slacking off either, rising 7.8% to top $3,600, marking its highest point since the beginning of the year.
Then there’s Solana, with a 6.16% rise to $180.6, Dogecoin adding a nice 10.52% bump to $0.23, and Cardano taking the lead with a 14.76% surge to $0.86. The message is clear: altcoin season might just be here. Can you feel the shift?
Rachael Lucas, a crypto analyst at BTC Markets, thinks so too. She points out that traders are rotating capital from Bitcoin into these higher-risk assets, a sign of a late-cycle rally. But don’t just take her word for it. The rally is backed by better tech and stronger fundamentals.
And guess what’s also fueling this rise? Politics. During the much-anticipated "Crypto Week," the U.S. House of Representatives passed three major crypto bills, including the GENIUS stablecoin bill and the Clarity Act. These are headed for President Trump’s desk, where they’ll likely get the green light by the end of the week. Oh, and the GENIUS Act? It’s a big deal.
"What's changed this cycle is the maturity of the ecosystem," Lucas said. Bitcoin’s not just a hot topic for traders anymore; it's showing up on corporate balance sheets, ETFs are becoming legit on-ramps, and stablecoins are growing into a parallel payment system. Crypto’s all grown up!
But hold up, before you start popping the champagne, the analyst reminds us that the next hurdle is near $4.5 trillion. If ETF flows slow down or macroeconomic conditions turn south, there could be some turbulence ahead. So, stay sharp.
And finally, Kronos Research’s Liu gets real about the complexity of sustaining this growth. As liquidity deepens and flows spread across different chains and venues, execution and infrastructure will become more critical. The key to surviving in this new crypto world? Smarter risk frameworks that can roll with the punches as the market matures.
All in all, it’s a thrilling time in the crypto space. Will we keep this momentum? Or is this just the calm before the next storm? Let’s see how things unfold.
Kristian Koch
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource, and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice. HODL FM strongly recommends contacting a qualified industry professional.
