• 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

KT DeFi's Commitment to Sustainable Digital Asset Solutions

chest

KT DeFi is committed to providing stable and long-term oriented solutions for global users in the evolving digital asset landscape.

user avatarRajesh Kumar

IonQ to Acquire SkyWater Technology for $18 Billion

chest

IonQ is set to acquire SkyWater Technology for $18 billion, enhancing its control over the quantum computing chip supply chain.

user avatarMaria Fernandez

Deloitte Highlights Risks of T0 Settlement and Tokenized Securities in 2026 Outlook

chest

Deloitte's 2026 outlook warns of risks associated with T0 settlement and tokenized securities, emphasizing the need for compliance and oversight.

user avatarGustavo Mendoza

Blazpay: Utility-First Approach Energizes DeFi

chest

Blazpay is gaining attention in the presale landscape by prioritizing tangible DeFi functionality and structured liquidity management.

user avatarLuis Flores

Whale Activity and Short Positions Create Volatility in Ethereum Market

chest

Recent whale activity shows a rotation from Bitcoin to Ethereum, with WLFI rotating approximately $808 million from Bitcoin into Ethereum. Meanwhile, short positions on Binance significantly outweigh long positions, setting the stage for potential volatility.

user avatarArif Mukhtar

Brevis and ARRO Introduce Advanced Privacy Solutions for Prediction Markets

chest

Brevis and ARRO introduce advanced privacy solutions for prediction markets to protect large traders from risks like frontrunning and strategy copying.

user avatarMiguel Rodriguez

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.