Share this article
Crypto Market Cap Crosses $4T After XRP, ETH Rally
Achievement comes as the CoinDesk 20 crosses all-time high.
Jul 18, 2025, 4:18 a.m.
What to know:
- The market cap for all cryptocurrencies has surpassed $4 trillion, driven by a rally in altcoins like XRP and ETH.
- The CoinDesk 20 index, which tracks the largest digital assets, has increased by 35% in the past month.
- Bitcoin's recent surge follows Donald Trump's re-election, sparking investor interest in potential deregulatory crypto policies.
The market cap for all cryptocurrencies surpassed $4 trillion, according to CoinGecko data, as a rally in altcoins like and ether continues, with traders rotating out of bitcoin .
This uncharted territory for crypto pushed the CoinDesk 20 (CD20), a measure of the performance of the largest digital assets, past 4,000. The index is up 35% in the past month.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Crypto's market cap passed $3 trillion for the first time in November 2021, marking the peak of a pandemic-fueled bull market driven by loose monetary policy, surging institutional interest, and speculative mania across NFTs, DeFi, and gaming tokens.
However, that moment proved fleeting: markets soon turned as macroeconomic tightening took hold, and high-profile collapses like Terra and FTX sent valuations spiraling, with bitcoin dropping as low as $15,625.
It would take three long years and a new political cycle for crypto to reclaim that high-water mark.
In November 2024, bitcoin surged 36%, its fourth-strongest monthly performance since October 2021, after Donald Trump’s re-election rekindled risk appetite among investors betting on a deregulatory crypto policy pivot in Washington, culminating in the recent passing of the GENIUS Act.
With analysts saying that the top for BTC is "nowhere near," crypto may surpass the next trillion-dollar valuation far faster than the last, potentially in a matter of months rather than years, as capital rotates into altcoins and institutional inflows accelerate across spot ETFs and on-chain assets.
Read more: Bitcoin Tops $120K on Report of Trump Approving Crypto Investments for Retirement Accounts
Plus pour vous
Ce qu'il:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Plus pour vous
Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles
The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.
Ce qu'il:
- STRD’s credit spread versus the U.S. 10-year Treasury narrowed to a new low on Friday.
- Strategy sold $82.2 million of STRD through its ATM program in the week ended Dec. 14, the largest weekly issuance since launch.
- Historical ATM data shows STRD has recently dominated preferred issuance among Strategy’s offerings.
Top Stories
