Crypto market surges to $4 trillion as regulatory momentum builds

The $4 trillion crypto market milestone highlights renewed investor confidence, growing institutional interest, and improved regulatory clarity, following the U.S. House's approval of a stablecoin bill now awaiting President Donald Trump’s expected signature

The global cryptocurrency market has reached a landmark valuation of $4 trillion, according to data from CoinGecko, signalling the sector's emergence as a core component of the global financial ecosystem.

This milestone reflects renewed investor confidence, rising institutional participation, and increasing regulatory clarity in major markets. In the United States, momentum grew after the House of Representatives approved a landmark bill establishing rules for stablecoins—digital assets typically pegged to the US dollar. The bill now awaits President Donald Trump’s signature, which is widely anticipated.

“The shift in political tone towards crypto has been striking, though lawmakers remain cautious,” said Derren Nathan, Head of Equity Research at Hargreaves Lansdown. Two additional crypto-related bills were also passed by the House, including one outlining broader industry oversight and another that seeks to prohibit the issuance of a US central bank digital currency (CBDC).

The $4 trillion valuation marks a significant departure from crypto’s early image as a speculative fringe asset. Institutional investment, the launch of new crypto-linked exchange-traded products, and increased corporate interest are contributing to its growing legitimacy.

Digital assets enter mainstream

Stablecoins, widely used for facilitating quick trades and cross-border transactions, are playing an increasingly central role in the ecosystem. Advocates argue they offer a fast and efficient alternative for global payments.

Chris Perkins, president of crypto investment firm CoinFund, described the new legislation as a pivotal moment: “The Genius Act will be remembered as a turning point in the institutionalization of crypto.”

Meanwhile, corporate treasuries are showing greater willingness to hold digital assets, with bitcoin becoming a long-term asset allocation choice for a number of public companies.

Bitcoin recently touched an all-time high of $120,000 before slipping 1.8%, while Ether gained 4.5% and has more than doubled in the last quarter.