Crypto 2.0 era begins: Bitcoin crosses ₹1 crore, Crypto Market reaches above ₹334 lakh crore – surpasses GDP of Canada, UK and Brazil
What is happening in the cryptocurrency world at this time is making history. Bitcoin has crossed the ₹1 crore (about $123,205) mark this week and with this the total market capitalization of the entire crypto market has gone above ₹334 lakh crore (ie $4 trillion). This figure is now more than the GDP of big countries like United Kingdom, France, Italy, Canada, Brazil and Russia.
🔥 Stormy performance of Bitcoin and Altcoins
Bitcoin has already reached new heights, but the rally was not limited to that only. Altcoins have also gained tremendous momentum. Ether (ETH) has increased by 22% in the last five days. Uniswap jumped 20% on Friday alone, and Solana also added 5.6%. It is clear that the entire crypto ecosystem has been revitalized.
📜 Regulatory changes boost investor confidence
The reason for this boom in the market is not just speculative trading, but big news is also coming on the regulatory front. For the first time in the US, federal legislation has been passed regarding stablecoins. These are the same tokens that maintain value by linking to a real-world asset, such as the U.S. dollar.
This bill was supported by Republican lawmakers and signed by former President Donald Trump. Now it is being considered a major breakthrough because the question of credibility in stablecoins has often been raised — especially when they become depegged, that is, disconnected from their original value. This new law addresses this problem and is expected to further promote corporate adoption.
🏛️ Wider Crypto Bill and Bipartisan Support
In addition to the stablecoin law, the US House of Representatives has taken another big step — passing a broader crypto market structure bill. The bill is yet to be passed by the Senate, but it indicates that bipartisan support for crypto is now building up in Washington as well.
Strict regulatory measures were seen from the Biden administration earlier, but now a new environment is being created where lawmakers are engaged in giving legal clarity to crypto. This is directly affecting the trust of investors and institutions.
💰 Record inflow in ETFs: Institutional Interest at peak
Institutional investors also do not want to lose this moment. In the month of July alone, there has been an inflow of $5.5 billion in Bitcoin ETFs and $2.9 billion in Ether ETFs. These figures prove that crypto is no longer just a playground for retail investors. Big financial institutions are also now seeing long-term potential in it.
🌐 The beginning of “Crypto 2.0”
Experts are calling this whole situation “Crypto 2.0” — an era of not just speculation but also regulations, institutional investment, and real-world utility.
While technologies like Web3, DeFi (Decentralized Finance), and NFTs are strengthening the foundation of crypto, regulatory frameworks are helping to connect it with the mainstream financial world.
🚨 Caution required
Although this era looks very promising, the nature of the crypto market is still volatile. Business Today clarifies that this news is for informational purposes and should not be taken as investment advice. It is very important to consult a certified financial advisor before making any investment decision.
Conclusion:
Crypto has now transformed itself from a speculative asset to a global economic force. The valuation of ₹334 lakh crore and the new regulatory clarity is taking it towards a sustainable future. If everything continues like this, then crypto may completely disrupt traditional finance in the coming times.
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