The cryptoactive market's total capitalization has risen to $4.02 trillion, boosted by a Trump executive order allowing investments in crypto through pension plans.
Lara Maior
Economy
Foto Pixabay
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Cryptoasset market capitalization has hit a record high of $4.02 trillion, amid an executive order signed by President Trump allowing private 401(k) pension plans to invest in cryptoassets. The decision has boosted investor optimism, especially for bitcoin, which is approaching a new all-time high. Weak US economic data also suggests a possible interest rate cut by the Federal Reserve, which could further support crypto prices. The cryptocurrency Lido saw a significant 60% rise, while other assets in the Ethereum ecosystem also had notable performances.
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