Regulators push cryptocurrency markets to soar $4 trillion through historic legislation
Source: CoinWorld
Time: 2025-09-14 19:16:40
Driven by rising token prices and progress in U.S. regulation, the global cryptocurrency market value exceeded $4 trillion for the first time. Several key legislation, including the GENIUS Act passed by the U.S. House of Representatives, is expected to be signed into law, reducing uncertainty. Ethereum soared to more than $3,600, while Ripple (XRP), SOL and ADA all rose by more than 10%. Despite the rebound in the market, the drastic volatility led to a liquidation of $587 million. Adoption among institutional investors is increasing as Ferrari and Bank of New York Mellon begin to accept cryptocurrency payments and services.