The U.S. cryptocurrency market capitalization has surged to approximately $380 billion, driven by increased stablecoin activity and inflows into exchange-traded funds (ETFs). This growth is largely attributed to clearer regulatory signals, which have bolstered investor confidence. Meanwhile, Bitcoin's 30-day implied volatility has risen above 73%, suggesting potential for significant price fluctuations. This volatility spike reflects heightened market activity and investor anticipation of further regulatory developments.