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Crypto surges: Cryptocurrency mcap reaches record high at $4 trillion; What's driving the rally?
The cryptocurrency market capitalization reached a record $4 trillion, driven by renewed investor optimism and clearer regulatory signals. The US House passed a bill establishing a framework for stablecoins, signed into law by President Trump. Bitcoin hit a high of $120,000, while ether has more than doubled in value over three months, boosting crypto-linked equities like Coinbase and Robinhood.
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