• 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

Alex Honnold Attempts Free Solo Climb of Taipei 101

chest

Professional climber Alex Honnold is attempting a historic free solo climb of Taipei 101, aiming to become the first to achieve this ascent without safety gear.

user avatarDiego Alvarez

CryptoAppsy Debuts to Streamline Cryptocurrency Management.

chest

CryptoAppsy is a new app for iOS and Android that simplifies cryptocurrency market navigation with real-time data and personalized features.

user avatarKenji Takahashi

USD1 Overtakes PayPal's PYUSD in Market Cap

chest

USD1, a cryptocurrency backed by the Trump family, has recently surpassed PayPal's PYUSD in market capitalization, reaching an impressive 44 billion compared to PYUSD's 375 billion.

user avatarMaria Fernandez

Solana Faces Repeated Resistance at $144

chest

Solana's price struggles to break through the $144 resistance level, indicating market indecision.

user avatarGustavo Mendoza

ZKP Crypto's Daily Auction System Simplifies Token Participation

chest

The daily auction model allows contributors to participate without pressure, ensuring equal access to tokens.

user avatarMiguel Rodriguez

SUBBD Targets Creators with AI-Powered Features

chest

SUBBD is positioning itself as a creator-first asset, blending AI tools with exclusive access and rewards.

user avatarRajesh Kumar

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.