The value of the global cryptocurrency market has reached $4tn for the first time, as investors anticipate billions of Wall Street dollars flooding into the sector after the passage of landmark US digital asset legislation.
The price of bitcoin hit a record high of more than $123,000 this week, while other tokens such as ether and Solana’s sol have also jumped.
The rally pushed the combined market value of all cryptocurrencies above $4tn on Friday, according to digital assets data provider CoinGecko.
The moves came amid a flurry of US legislation that constituted “one of the most significant moves”…
