🌍 The market capitalization of cryptocurrencies exceeds 4 trillion dollars for the first time in history

Today, the cryptocurrency market witnessed an unprecedented surge in its total value, surpassing the 4 trillion dollar mark for the first time since the emergence of this new financial sector.

This significant rise is directly supported by the strong performance of major currencies, led by Bitcoin (BTC), which has exceeded 125,000 dollars for the first time in its history, along with Ethereum (ETH) which has risen to nearly 4,600 dollars. Other currencies such as Solana (SOL), Ripple (XRP), and Avalanche (AVAX) have also seen increases ranging from 5% to 15% over the past 24 hours.

Additionally, the influx of more than 3.2 billion dollars into Bitcoin's Spot ETFs over the past week was one of the main drivers of this rise. It is believed that major financial institutions and pension funds have started to enter the market aggressively, enhancing confidence that cryptocurrencies have become part of the global financial system more than ever before.

On the other hand, analysts believe that surpassing the market capitalization ceiling of 4 trillion dollars does not necessarily mean that the market is on a sustainable upward trajectory, as some technical indicators show signs of overbought conditions that could lead to a temporary price correction.

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