Ether’s Explosive Rally Fueled Crypto’s $3.7T Market Cap Surge in July—JPMorgan Confirms
Crypto markets just flexed their muscles—hard. Ethereum led the charge as digital assets collectively smashed records, hitting a $3.7 trillion valuation. Wall Street’s favorite punching bag (yes, JPMorgan) begrudgingly confirmed the numbers.
Why it matters: When TradFi giants start acknowledging crypto’s gravity, you know the game’s changed. Ether didn’t just rise—it dragged the entire sector up like a gravitational singularity.
The irony? Banks now scrambling to ‘analyze’ the rally they spent years dismissing. Meanwhile, decentralized networks keep printing value while Jamie Dimon’s coffee-stained spreadsheets collect dust.