#CryptMarket The global crypto market is showing strong momentum, with the total market cap nearing $4 trillion. Bitcoin (BTC) is trading around $118,700, approaching its all-time high of $123,000. BTC continues to lead with over 59% market dominance, driven by institutional investments, ETF inflows, and supportive U.S. policies like the GENIUS Act and the Strategic Bitcoin Reserve plan.
Ethereum (ETH) has surged over 3%, trading near $3,900, fueled by DeFi adoption and smart contract activity. Altcoins are showing mixed trends: BNB is above $844 with strong exchange activity, while XRP and Solana face volatility due to liquidations and market uncertainty.
On the regulatory front, July was historic. The U.S. passed major bills like the CLARITY Act and Anti-CBDC Surveillance State Act, improving investor confidence. Meanwhile, institutional players like BitGo are entering public markets through IPOs, showing rising industry maturity.
However, analysts warn of potential risks linked to leverage, lending, and stablecoin integration into traditional finance. Despite these concerns, investor sentiment remains bullish. A recent U.S. survey shows 20% of non-crypto holders plan to invest soon, signaling continued retail interest.
Overall, the market outlook remains optimistic, with Bitcoin and Ethereum leading the rally.