One of the major growth factors is the adoption of first federal law in steabelcoins in the United States
The total market value of crypto assets in the first time has exceeded $ 4 trillion amid the growth of altcoins and a new impulse from the large -scale legislative regulation in the United States. Bloomberg reported this Friday, July 18.
The choice market indicates that traders are increasing bets to further growth in the coming weeks.
“The Bitcoin path to $ 150,000 looks more inevitable,” said Fadi Abuelf, head of copper research. Bitcoin is about 60% of the total crypto cost.
The new note has been recorded after the first adoption of the Federal level of the Steiblcons bill -a major success in the SO -Called Crypto Week framework. The document, supported by Republicans and Advanced by Donald Trump, introduces the administration of tokens tied to the dollar, and will open up new opportunities for institutional investors. Its purpose is to legalize the market of $ 265 billion, which, according to Citigroup Inc.’s analysts, could grow to $ 3.7 trillion by 2030.
Altcoins – all tokens except Bitcoin – became the driver of the last rally. Broadcast has increased in prices of 22% in the past five days. While Bitcoin reached a record of $ 123 205 this week. Uniswap grew 24%on Friday, Solana – by 6.5%.
On Thursday, the House of Representative also adopted a huge -scale bill in the crypto structure, which is now expected of the Senate consideration.
As you know, the growth of Bitcoin and other cryptocurrencies has provoked Donald Trump’s success in the United States presidential election. The candidate from the Republicans spoke to the public in support of digital assets.
Against this background, market participants are increasing rates that Bitcoin will reach a height of 100 thousand dollars this year.
It has also been known that the Dogecoin meme-critique has increased by almost 20%. This happened after Trump announced the creation of the efficiency of the government department, which he called the Doge. He will go through Tesla CEO Ilon Musk and co -Founder of Vi -amacas’s Striver Asset Management.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.