XRP and Ether Lead Crypto Rally as Market Cap Hits $4 Trillion After GENIUS Act Approval
From financemagnates.com
The cryptocurrency market capitalization briefly surpassed $4 trillion yesterday (Thursday). This rise was driven mainly by strong gains in Ether and XRP. XRP’s price increased nearly 20% in a single day. The market movement followed the approval of the GENIUS Act by the U.S. House of Representatives. The legislation aims to provide clearer regulatory guidelines for digital assets. Some investors interpret the bill as a sign of increased political focus on the crypto sector. Data from CoinGecko showed the market cap exceeding $4 trillion, an all-time high, during the day. However, CoinMarketCap and TradingView ...
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