Reported about 8 hours ago
The total market value of cryptoassets has exceeded $4 trillion for the first time, spurred by an increase in altcoin prices and new US legislation to regulate stablecoins. This historic milestone was reached during what lawmakers are calling 'Crypto Week', following the passage of federal legislation aimed at overseeing dollar-linked stablecoins. With altcoins, particularly Ether, showing significant gains, the bill's support from both parties and its potential to validate a growing $265 billion market were highlighted as key factors in this market surge.
Source: YAHOO