• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin confidently joins the world's largest assets

user avatar

by Giorgi Kostiuk

a year ago

After surpassing crucial resistance levels, Bitcoin soared to new all-time highs, becoming the world's seventh-largest asset by market capitalization.

Bitcoin becomes the eighth largest asset

Bitcoin surpassed Silver and Saudi Aramco, reaching a market cap of $1.8 trillion due to the largest nine-day price surge since January 2021.

Given that Bitcoin's market capitalization in January 2021 was just $450 billion, it takes significantly more capital today to effect such a change in price. We believe this recent move probably represents the largest volume of capital flowing into Bitcoin over such a short time.Bitfinex

Bitcoin ETFs could surpass gold ETFs

Bitcoin ETFs have the potential to overtake gold. By November, they held $84 billion in assets, 66% of gold ETFs' AUM. If current trends persist, Bitcoin ETFs could surpass gold within months.

Rise of Bitcoin funds

BlackRock's iShares Bitcoin ETF has already surpassed the company's iShares Gold ETF, achieving what took gold 20 years in less than a year for Bitcoin.

Bitcoin's breakthrough to new heights demonstrates its rapid mainstream acceptance and potential to become an even larger force in the global financial market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Arthur Hayes Defends Altcoin Market at Consensus 2026

chest

Arthur Hayes defends the altcoin market at Consensus 2026, emphasizing the importance of privacy-focused cryptocurrencies like Zcash and highlighting Hyperliquid as a promising decentralized trading platform.

user avatarAisha Farooq

Bitcoin's Upward Momentum Shows Signs of Weakening

chest

Despite Bitcoin's upward movement, several internal market signals indicate that the current rally may be losing momentum.

user avatarTenzin Dorje

Samson Mow Calls for Strategic Flexibility in Bitcoin Treasury Companies

chest

Samson Mow emphasizes the need for flexibility in Bitcoin treasury strategies, arguing that selling Bitcoin can protect shareholders and manage market pressures.

user avatarBayarjavkhlan Ganbaatar

Doctor Profit Predicts Final Stage of Bitcoin Bull Trap

chest

Crypto analyst Doctor Profit predicts that Bitcoin is in its final stage of a bull trap before a significant downtrend, anticipating a drop to around 50,000.

user avatarMohamed Farouk

CryptoCon Warns Bitcoin Bottom Not Yet In

chest

Crypto analyst CryptoCon warns that the Bitcoin bottom is not yet in, indicating a potential downside move despite a recent rally, based on a bear flag pattern.

user avatarDiego Alvarez

Analysts Provide Insights on XRP's Price Action

chest

Analysts provide insights on XRP's price action and potential breakout scenarios.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.