• 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

2 years 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

Chainalysis Releases New Research Report on Cryptocurrency

chest

Chainalysis has recently published a research report that focuses on various aspects of cryptocurrency, providing valuable insights into current trends in the market.

user avatarLeo van der Veen

ETHBTC Ratio Falls to Early 2023 Levels, Raising Investment Questions

chest

The ETHBTC ratio has dropped to 0.027, bringing it back to early 2023 levels, raising questions about Ethereum's market position relative to Bitcoin.

user avatarAisha Farooq

ETHUSDT Chart Signals Bearish Correction Amid Market Concerns

chest

The ETHUSDT chart indicates a bearish correction following a strong weekly open, suggesting a deeper pullback may be needed.

user avatarLi Weicheng

XRP Approaches Critical Support Zone

chest

XRP is currently trading at a significant support area that may influence its next major price movement.

user avatarBayarjavkhlan Ganbaatar

Hyperliquid ETFs Gain Attention with $158 Million in Assets

chest

Three Hyperliquid ETFs launched in May 2026 have accumulated $158 million in combined assets, drawing attention from traders.

user avatarTenzin Dorje

Bitcoin Approaches Key Resistance Level at $64,100

chest

Bitcoin is currently approaching a significant local resistance level at $64,100, following an 11% correction.

user avatarMohamed Farouk

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.