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Italy Chamber of Deputies leader: 'Crypto Assets smashed the $4T market cap'

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Italy Chamber of Deputies leader: 'Crypto Assets smashed the $4T market cap'
Web3/Crypto
Webp giulio centemero
Giulio Centemero, League Group Leader for Chamber of Deputies Italy | Facebook

Giulio Centemero, the League group leader of the Chamber of Deputies in Italy, said that crypto assets have surpassed a $4 trillion market capitalization. The statement was made on X.

"Crypto Assets Smashed the $4T market cap," said Centemero.

In July 2025, the global cryptocurrency market capitalization crossed US$4 trillion for the first time in several years. This marked a significant recovery after the 2022 downturn when the sector fell below US$1 trillion. According to Reuters, this surge was driven by gains in Bitcoin and Ethereum, rising institutional adoption, and supportive regulatory signals such as U.S. stablecoin legislation. The milestone was reported as a sign of renewed investor confidence in the sector.

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As of September 12, 2025, Finbold reported that the global cryptocurrency market capitalization again surpassed US$4 trillion. This reflected continued inflows into digital assets and persistent bullish momentum across top coins. Analysts noted that September’s figures confirmed the crypto sector’s resilience at its new valuation plateau.

From 2020 to 2025, global crypto market capitalization showed dramatic growth, expanding more than fivefold. CoinDCX's review of market trends indicated that total capitalization stood near US$757 billion in 2020, climbed to about US$2.32 trillion in 2021, fell sharply in 2022 to approximately US$1.01 trillion after major collapses, then recovered to US$1.68 trillion in 2023 before hitting the US$4 trillion milestone in 2025.

Centemero, born in 1979, is a deputy representing Italy's Lega party and was first elected in 2018. According to Italian Wikipedia sources, he has served on various commissions including Finance and those investigating banking issues and the death of Giulio Regeni. In the current legislature, he is vice president of the tax registry oversight commission and participates in the Parliamentary Assembly of the Mediterranean.

Organizations Included in this History
Chamber Of Deputies Italian Parliament
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