Global Crypto Market Surpasses $4 Trillion, Overtakes UK Economy

The cryptocurrency market has achieved a historic milestone, with its total capitalization exceeding $4 trillion for the first time. This surge, driven by altcoin rallies and improving regulatory clarity, positions the sector ahead of the UK's GDP and just behind the world's top five economies.

CoinGecko data reveals the benchmark was briefly crossed during Asian trading hours before settling at $3.9 trillion. The rebound follows May's recovery above $3 trillion, fueled by institutional inflows, retail speculation on emerging tokens, and legislative advancements in key jurisdictions.

Comparative analysis by CryptoRank shows the crypto market now eclipses major European economies—surpassing Britain's $3.8 trillion GDP, France's $3.2 trillion, and Italy's $2.4 trillion. Only the US, China, Germany, India, and Japan maintain larger economic outputs.