Analysis: Crypto Assets total market capitalization breaks through the 4 trillion dollar mark, stablecoin legislation passed boosts the rise.

[Analysis: The total market capitalization of Crypto Assets exceeds the $4 trillion mark as stablecoin legislation passes, boosting the rise] With the rise in Tokens and the comprehensive legislative process for encryption regulation in the United States, the total market capitalization of Crypto Assets first broke the $4 trillion milestone on Friday. Tokens other than Bitcoin led this round of rise, with Ether surging 22% in the past five days, while the industry Benchmark asset Bitcoin set a historical high of $123,205 earlier this week. In addition, Uniswap Tokens once soared 24%, and Solana recorded a 6.5% rise. On Thursday local time, the U.S. House of Representatives also passed a more comprehensive crypto market structure bill, which is currently pending review by the Senate. Investors continue to pour into U.S.-listed crypto ETFs, with Bitcoin ETFs attracting $5.5 billion in inflows just in July, while Ethereum ETFs also received $2.9 billion in subscriptions.