Crypto surges: Cryptocurrency mcap reaches record high at $4 trillion; What’s driving the rally?
The global cryptocurrency market capitalisation touched a record $4 trillion on Friday, positioning the sector as a major investment option from a fringe class, as per the Coingecko data, cited by Reuters.This fresh milestone comes amid renewed investor optimism, increased institutional inflows, and clearer regulatory signals from major economies. Notably, the US House of Representatives on Thursday passed a landmark bill establishing a regulatory framework for stablecoins, cryptocurrencies pegged to the US dollar, sending it to President Donald Trump, who signed it into law.“The arrival of the Trump legislation signaled an about-turn in attitudes towards the crypto industry, but legislators are still exercising some caution,” Derren…
