Ethereum News Today: Global crypto market hits $4 trillion on US regulatory progress, rising demand

The global cryptocurrency market has surpassed $4 trillion in total value for the first time, driven by a surge in investor demand and significant regulatory progress in the United States, according to the Bybit & Block Scholes Report. This milestone marks a pivotal moment for the digital asset industry, with market participants attributing the growth to recent legislative advancements that have fostered a clearer framework for crypto adoption [1]. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has positioned itself at the center of this development, emphasizing its collaboration with financial analysts to highlight the sector’s resilience amid macroeconomic uncertainties [2].

The report highlights a notable shift in market dynamics, with altcoins regaining favor as investors diversified their portfolios. Following Bitcoin’s initial surge, risk appetite expanded to assets like Ethereum (ETH) and Solana (SOL), which broke critical price levels during the week. This broad-based rally contributed to the total crypto market cap reaching a historic high, while Bitcoin’s dominance fell below 60% [1]. The surge in altcoin activity underscores growing confidence in the sector’s diversification potential, even as macroeconomic challenges persist globally.

Ethereum’s performance has emerged as a focal point, with options trading heavily skewed toward bullish positions. Call options dominated both volume and open interest metrics, reflecting strong directional conviction among institutional traders. The volatility term structure for ETH compressed to a narrow 64-65% range, while call skew peaked at 11%, signaling elevated expectations for further price gains [1]. These metrics align with rising corporate interest in Ethereum, driven by inflows into spot ETFs and the adoption of ETH treasuries by firms seeking long-term exposure.

ETH funding rates, a key indicator of market sentiment, have also strengthened in tandem with the broader bullish trend. The token’s spot price more than doubled from its April $1,500 level, supported by sustained inflows into investment vehicles and strategic corporate allocations [1]. This dynamic has reinforced Ethereum’s role as a cornerstone of the crypto ecosystem, even as regulatory developments in the U.S. continue to shape market psychology.

The $4 trillion threshold represents not just a numerical achievement but a validation of crypto’s role in a diversified investment landscape. As the market continues to mature, stakeholders are closely monitoring whether regulatory momentum can be sustained. Bybit’s partnership with Block Scholes signals a commitment to proactive engagement with policymakers, a move that could influence the trajectory of global crypto adoption [2].

Source:

[1] [Bybit & Block Scholes Report: Markets Surge Past $4 Trillion as Regulatory Wins Drive Record Highs](https://www.prnewswire.com/news-releases/bybit--block-scholes-report-markets-surge-past-4-trillion-as-regulatory-wins-drive-record-highs-302513954.html)

[2] [All Blockchain News and Press Releases](https://www.prnewswire.com/news-releases/consumer-technology-latest-news/blockchain-list/)