Crypto Assets total market capitalization has officially surpassed the 4 trillion dollar mark! Surpassing Microsoft, it is closing in on Nvidia.

The total market capitalization of global crypto assets has surpassed the $40 trillion mark for the first time, exceeding Microsoft’s market cap and approaching Nvidia, marking a historic node. Along with the passage of the GENIUS Act and the CLARITY Act, as well as Trump signing an executive order allowing 401(k) retirement funds to invest in crypto assets, the market is welcoming a new wave of catalysts.

Crypto market first breaks 4 trillion dollars: fully surpasses Microsoft, aims at Nvidia In the past 24 hours, the market capitalization of Crypto Assets has risen again by 4%, officially surpassing 4 trillion dollars, successfully exceeding tech giant Microsoft (MSFT). Since the beginning of July, with the push of a series of legislations such as the GENIUS Act and the CLARITY Act, the crypto market has added 700 billion dollars in wealth for investors.

While Bitcoin (BTC) continues to stabilize above $120,000, Ethereum (ETH) has surged by 8%, and XRP has even reached an all-time high with a daily increase of 18%. Major altcoins such as SOL, BNB, and DOGE have also recorded increases of 5%-10%.

Next target: Surpass Nvidia, lock in by the end of July Since the strong performance since "Trump Liberation Day", the market capitalization of Crypto Assets has accumulated more than $1.6 trillion growth since mid-April. Currently, it is only 5% away from the world's largest company, Nvidia (NVDA) with a market capitalization of $4.2 trillion. The market generally expects that if the current upward momentum continues, the Crypto Assets market will surpass by the end of July.

At the same time, over the past 24 hours, the market has liquidated more than $600 million in short positions, of which $380 million were from crypto short liquidations, indicating a liquidity shock triggered by a strong market reversal.

Institutional entry accelerates, ETFs and 401(k) will become the biggest driving force Institutional investors are accelerating their entry, with a surge in capital inflows into spot Bitcoin ETFs and Ethereum ETFs. BlackRock continues to lead the ETF market, significantly increasing the appeal of mainstream assets.

At the same time, the market widely expects that the U.S. Securities and Exchange Commission (SEC) will approve a new batch of crypto ETF products such as XRP ETF and SOL ETF before the end of the year, further broadening institutional channels.

More explosively, a forthcoming executive order to be signed by President Trump will allow 401(k) retirement accounts to invest in Crypto Assets, unleashing up to $9 trillion of potential capital inflow. This move could be a decisive factor for the next major rally in Bitcoin and mainstream assets.

Policy Promotion: The GENIUS and CLARITY bills have entered the implementation phase, and the stablecoin market has enormous potential The passage of the GENIUS Act and the CLARITY Act is seen by the market as a landmark event marking the formal establishment of a regulatory framework for Crypto Assets in the United States. The GENIUS Act sets rules for the issuance of stablecoins, reserve audits, and licensed operations, which will open the door for institutions to enter the stablecoin market.

It is predicted that by 2030, the global stablecoin market is expected to grow to $3.7 trillion, becoming a new hotspot for institutional competition. The CLARITY Act establishes a clear classification and legal foundation for the encryption market structure, avoiding conflicts in the regulatory gray areas between the SEC and CFTC.

In addition, the United States has passed the "Anti-CBDC Act", further indicating that the federal level does not intend to develop central bank digital currency, clearing potential obstacles for decentralized assets.

Conclusion The global crypto market has welcomed a historic breakthrough, for the first time standing above the $4 trillion mark. Policy dividends, institutional entry, ETF expansion, and the relaxation of 401(k) funds have become the core driving forces. Against the backdrop of the Trump administration fully embracing crypto assets, the market capitalization is expected to surpass Nvidia by the end of July, ushering in a true mainstream financial new era. Crypto users should closely monitor policy rhythms and fund movements to seize this round of structural opportunities.