U.S. Equity Market Hits Record $72 Trillion Valuation, Crypto Unaffected

BlockBeats News reports that the U.S. stock market capitalization has reached a record 72 trillion USD, surpassing European, Chinese, Japanese, Indian, French, and UK markets combined.

This milestone highlights the U.S. market’s dominance, with implications for macroeconomic trends, portfolio allocations, and indirect impacts on cryptocurrencies like Bitcoin and Ethereum amidst global risk assessments.

U.S. Stock Market Surpasses Global Competitors at $72 Trillion

The Kobeissi Letter reports that the U.S. stock market has reached approximately $72 trillion in market capitalization, a historic high. The Nasdaq market cap rose to about $38 trillion, doubling since 2022. The New York Stock Exchange also saw gains, reaching $32 trillion in market value.

This landmark achievement underscores the U.S. public equity’s dominance over global markets, such as Europe, China, Japan, India, France, and the UK. Although crypto markets remain uncoupled with direct market-cap changes, liquidity dynamics may see shifts.

Macro experts highlight potential influences on liquid assets such as Bitcoin and Ethereum. “U.S. equity market cap reaches a record high of approximately $72 trillion, highlighting a significant moment in macroeconomic history,” remarked Mario Nawfal, Co-founder, The Kobeissi Letter.

Key figures and crypto community members are actively discussing these movements on social media platforms like Twitter (@KobeissiLetter), fostering vibrant discourse on future capital flow impacts.

Cryptocurrencies Maintain Stability Amid Market Shifts

Did you know? In 2020, a similar equity surge coincided with a crypto bull cycle, suggesting potential liquidity links between macro and crypto landscapes.

Based on CoinMarketCap, Bitcoin (BTC) currently trades at $87,621.51, with a market cap of $1.75 trillion, dominating the crypto market with 58.96% market share. Over the last 24 hours, Bitcoin’s price increased by 0.25%, reflecting steady volatility as trading volume reaches $13.88 billion.

The Coincu research team notes that despite these market dynamics, crypto’s path remains steadfast, driven by regulatory changes and technological advancements. The growing interconnectedness of global finance suggests that macro events such as the U.S. market’s record highs may alter liquidity patterns, echoing broader asset trends.