The global cryptocurrency market reached $ 4 billion In value this week after the new commercial maximums in Bitcoin, Ethereum and other important chips. The profits occurred after the United States Congress approved the first federal law regulating Stablecoins, a form of cryptocurrencies linked to the US dollar.
Bitcoin rose as high as $ 123,205 Earl this week before returning to $ 119,570 For Friday afternoon. Ethereum went up 22% in the last five days. Uniswap won 24% on FridayWhile Solana got up 6.5% during the day.
Bitcoin continues to represent about 60% of the cryptocurrency marketAccording to exchange data.
The United States passes the Stablecoin rules for the first time
The United States representatives approved the Stablecoin Transparency and Supervision Law this week. The law requires that companies issued by Stablecoins maintain full reservations in short -term treasury assets. Issuers must submit to audits and register with federal or state regulators, depending on their structure.
Stablecoins are used as negotiation pairs in most cryptocurrency exchanges. They allow merchants to move funds among cryptographic assets without converting traditional money again. Tokens like Tether (USDT) and USD Coin (USDC) They have become central for daily transactions in encryption markets, with a combined circulation of more than $ 200 billion.
Legislators said the measure was necessary to avoid a repetition of 2022 Terrausd collapsewhich eliminated billions of dollars when the Token lost its plug in dollars. According to the new law, all stablecoins must be backed one by one with cash or almost effective assets to avoid similar failures.
Several Banks and Payment Companies of the United States have indicated plans to enter the Stablecoin market once the legal framework is in place. The current Stablecoin market is valued around $ 265 billionBut financial analysts expect that figure to grow as regulated products enter space.
New cryptographic rules define tokens classifications
The Congress also approved a second measure this week establishing definitions for cryptocurrencies under US law. The bill describes how tokens will be classified for trade, taxes and regulatory supervision. Set guidelines for exchanges, custodians and emitters.
The bill clarifies whether certain tokens are treated as basic values ​​or products, a problem that has slowed the growth of the cryptographic industry in the United States due to legal uncertainty. The Senate has not voted the bill.
ETFS AND COMMERCIAL OPTIONS See heavy use
Investors continue to move funds to bags quoted in the stock market linked to cryptocurrencies. Bitcoin ETF attracted $ 5.5 billionIn new investments this month. Etfs Ethereum brought $ 2.9 billionAccording to funds monitoring.
Bitcoin’s option shows great open positions in the $ 130,000 exercise price For contracts that expire in early August, based on detribit data. Option operators are using these contracts to administer the risk or position for an additional price movement.
Cryptographic market growth accelerates
The cryptocurrency market was valued in less than $ 500 billion Five years ago. Now is in Over $ 4 billion. Bitcoin remains the largest individual asset in the sector, but more negotiation has moved towards blockchain platforms such as Ethereum and Solana.
Tokens linked to decentralized exchanges, payment systems and blockchain networks are seeing a higher commercial volume as cryptography markets conform to new regulations and institutional demand.
With the Stablecoin Law already approved and the tokens classification rules that move through the Congress, the cryptographic sector is moving to its next development phase with clearer legal guidelines.
Also read: The United States Representatives Chamber is preparing to approve Stablecoin’s law after adding the prohibition of CBDC to ensure republican votes
(Tagstotranslate) Cryptographic Market $ 4 billion from 2025 (T) Bitcoin $ 123000 Price news
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