Why is Crypto Up Today? Let’s Dive In
TLDR
- Crypto market cap jumped $78 billion to $3.90 trillion following the US-EU trade agreement announcement
- Bitcoin trades near $120,000 resistance while Ethereum approaches $4,000 on institutional buying
- President Trump signed the GENIUS Act, providing the first major federal crypto law and regulatory clarity
- Ethereum ETF inflows exceeded $2.2 billion last week, driving institutional adoption
- Altcoins outperformed with BNB hitting new all-time highs and Solana jumping nearly 7%
The cryptocurrency market experienced a major surge on July 28, 2025, with the total market cap climbing $78 billion to reach $3.90 trillion. The rally was primarily driven by the announcement of a historic trade agreement between the United…