#Binance August Crypto Market Insights
🔸Cryptocurrency market capitalization rose 13.3% in July. Bitcoin repeatedly hit new all-time highs, institutional demand for BTC, ETH, and major altcoins continued to rise, and digital asset financial reserve adoption continued to expand.
🔸The landmark GENIUS Act officially became law, creating the first federal framework requiring stablecoins to maintain sufficient reserves and comply with anti-money laundering regulations.
🔸Tokenized equity market capitalization reached $370 million, with $53.6 million concentrated in major assets like TSLA and SPY, a 220% increase since June.
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