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Global crypto market hits $4 trillion, eclipses UK economy in size

The global crypto market capitalization has soared past $4 trillion for the first time, propelled by rising altcoin prices and an increasingly favorable regulatory landscape.

On July 18, crypto data aggregator platform CoinGecko reported that the industry crossed the milestone during Asian trading hours. However, the total value had slightly dipped to $3.9 trillion as of press time.

Crypto Market CapCrypto Market Capitalization (Source: CoinGecko)

This fresh surge marks a pivotal rebound for the digital asset market, which only recently climbed back above the $3 trillion level in May.

Since then, the industry has witnessed growing institutional participation, a flood of retail interest in low-cap tokens, and clarity from pro-crypto legislation emerging in several jurisdictions.

Crypto would rank as one of the world’s largest economies

Meanwhile, if the crypto sector were treated as a national economy, its $4 trillion valuation would place it ahead of major countries such as the United Kingdom (approximately $3.8 trillion), France ($3.2 trillion), and Italy ($2.4 trillion), according to a comparative snapshot by CryptoRank.

Only five nations, including the United States, China, Germany, India, and Japan, would have a higher economic output.

Crypto Market Cap vs. Global GDPCrypto Market Cap vs. Global GDP (Source: CryptoRank)

Beyond national rankings, the growth would also place it among the world’s most valuable companies.

If treated as a single corporate entity, the sector would sit just below artificial intelligence powerhouse Nvidia, which recently broke the $4 trillion valuation barrier as well.

These parallels reflect the increasing weight of digital assets in the global economic landscape.

The post Global crypto market hits $4 trillion, eclipses UK economy in size appeared first on CryptoSlate.

Source

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