#CryptoMarket4T The total market capitalization of cryptocurrencies reached over $4 trillion for the first time ever, driven by strong movements in Bitcoin, Ethereum, and XRP. Bitcoin surpassed $123,000 thanks to a massive buying wave following the issuance of supportive U.S. legislation.
ETH, SOL, and XRP also recorded significant gains, especially XRP which approached its all-time high. Predictions indicate that the flow of institutional capital will continue as positive reports on the adoption of blockchain technologies in the traditional financial sector are expected to be released soon. The Fear and Greed Index showed a state of greed with a reading of about 71 on the "Fear & Greed" index.
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