Crypto Market Cap Surges Past $4 Trillion — Coinbase and Robinhood Hit Record Highs
Source Tradingkey
TradingKey – On Thursday, July 17, the U.S. House of Representatives passed three major cryptocurrency bills, sparking a broad rally across digital assets and crypto-related equities. Within 24 hours, the total crypto market capitalization jumped over 4%, officially crossing the $4 trillion milestone.
Crypto Market Cap – Source: CoinGecko
Market Highlights
- Bitcoin (BTC) rose 1.37%, reclaiming the $120,000 level
- Ethereum (ETH) surged 6%, breaking above $3,600 for the first time since January
- Ripple (XRP) jumped 12%, briefly crossing $3.60 to set a new all-time high
Top 10 Cryptocurrencies – Source: CoinMarketCap
Crypto Stocks Rally to New Highs
The legislative momentum also lifted U.S.-listed crypto stocks:
- Coinbase (COIN) climbed over 3% to $410, setting a new record
- Robinhood (HOOD) rose 2% to $105, also marking an all-time high
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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