Crypto hits $4 trillion 🤑

Following XRP and Bitcoin all-time highs plus surging altcoins, the crypto market topped $4 billion for the first time overnight.

Author

Andrew Hayward
July 18, 2025

📝 What you need to know

XRP finally broke its seven-year price record on Thursday, following Bitcoin’s own recent ascent to fresh peaks. And with Ethereum, Dogecoin, and other major assets surging on the week, the momentum propelled the size of the crypto market above $4 trillion for the first time ever overnight, per data from CoinGecko.

It’s a major milestone for the industry, and yet another sign of the massive surge we’ve seen over the past several months, marking a 62% rise in value over the last year.

The new record mark comes amid growing interest in crypto ETFs and a spike in publicly traded companies establishing crypto treasuries. It also happened during “crypto week” in Washington, with President Trump set to sign the GENIUS Act stablecoin bill into law this afternoon.

"The $4 trillion crypto market milestone underscores the industry's rise as a mainstream asset class," Devere Bryan, group general manager of stablecoin issuer First Digital, told Decrypt. "Bitcoin's status as digital gold fuels unparalleled wealth creation."

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💬 Quote of the Day

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“Favorable U.S. government policy and well-timed institutional engagement has resulted in blood rushing back into the crypto market.”

Derive Head of Research Sean Dawson comments on the crypto market surge

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