Crypto Market Cap Nears $4 Trillion as Bitcoin and Altcoins Surge Following Key US Legislation

Jul 18, 2025

The surge follows the US House of Representatives passing three significant crypto-related bills just before the August recess.

The total crypto market cap is rapidly approaching the $4 trillion mark, propelled by strong gains in Bitcoin, Ether, XRP, and other major cryptocurrencies.

The surge follows the US House of Representatives passing three significant crypto-related bills just before the August recess.

Crypto Market Cap Surpasses $4 Trillion Milestone

Meanwhile, CoinGecko has already reported that the market cap has crossed the $4 trillion milestone.

Bitcoin regained its footing above $120,000 on Thursday, experiencing modest daily gains.

Ether surged 8%, topping $3,600 for the first time since January, marking a 40% increase over the last two weeks.

Meanwhile, XRP experienced a dramatic spike of nearly 20%, reaching a year-to-date high of $3.64 early Friday.

The legislation now moves to the Senate for further consideration

A third bill, passed narrowly, would prohibit the US from issuing a central bank digital currency (CBDC), essentially banning government-backed digital cash. This bill also awaits Senate review.

Trump Family’s Crypto Holdings Spark Conflict of Interest Concerns
Trump’s family holds significant interests in crypto ventures, including World Liberty Financial, raising concerns over conflicts of interest and potential corruption.

According to financial disclosures released last Friday, the former president pulled in $58 million from crypto ventures in 2024, primarily through WLFI token sales.

His involvement in Bitcoin mining, tokenized assets, and digital ETFs is raising concerns about potential conflicts of interest.

Source >> Crypto Market Cap Nears $4 Trillion as Bitcoin and Altcoins Surge Following Key US Legislation