The total crypto market capitalization is approaching $4 trillion, driven by a surge in Bitcoin, Ether, XRP, and other cryptocurrencies after three major crypto bills passed in the US House. This places cryptocurrencies just behind Nvidia, which recently crossed a $4 trillion market cap. Some trackers show market cap already exceeding $4 trillion.

Ether and XRP are leading market gains, with Ether surpassing $3,600 for the first time since January and XRP reaching a year-to-date high of $3.64. Analysts predict continued growth fueled by regulatory and institutional support. The passing of key bills and potential US retirement market entry for crypto investments are boosting market sentiment.

Bitcoin and other cryptocurrencies are surging due to positive regulatory developments and institutional support. Traders are optimistic about continued growth as institutions integrate with the crypto industry. The passing of the GENIUS Act and potential opening of the US retirement market to crypto investments could attract trillions in institutional capital.

Read more at Cointelegraph: Crypto Market Cap Nears $4 Trillion As ETH And XRP Surge