In brief
- The total market capitalization of all cryptocurrencies hit $4 trillion Friday morning.
- Bitcoin’s market cap swelled to $2.4 trillion, and Ethereum $440 billion, as institutional inflows accelerated.
- Bitcoin ETFs pulled in $522.6 million Thursday alone, the second straight week topping $2 billion, with BlackRock’s IBIT capturing $497.3 million of the flows.
For the first time ever, the total value of all cryptocurrencies surpassed $4 trillion Friday before pulling back slightly, with Bitcoin (BTC) and Ethereum (ETH) accounting for over 70% of total market value, driven by surging investor demand and a string of regulatory victories in the U.S.
Bitcoin rose 1.4% in 24 hours to top $120,336, while Ethereum surged 6.4% to $3,647,…
Jul 18 2025
