• 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

Specialists Caution About Quantum Computing Risks to Bitcoin Security.

chest

Experts warn that advances in quantum computing could pose a significant risk to Bitcoin's security in the coming years.

user avatarMohamed Farouk

Investors Shift Capital from Bitcoin and Ethereum to XRP

chest

A notable capital rotation is occurring as investors decrease their exposure to Bitcoin and Ethereum while increasing allocations into XRP.

user avatarBayarjavkhlan Ganbaatar

XRP Price Encounters Ongoing Decrease and Resistance Points.

chest

XRP price has extended its losses, trading below 1450, and is now consolidating with significant resistance levels ahead.

user avatarElias Mukuru

Bitcoin Technical Indicators Show Mixed Signals

chest

Current technical indicators for Bitcoin suggest a mixed outlook with potential for both gains and losses.

user avatarKenji Takahashi

Bitcoin's price is experiencing a drop beneath crucial support levels.

chest

Bitcoin is struggling to maintain stability above critical support levels, declining below 67,800 and testing 66,500. Further declines towards 64,200 are possible if support fails.

user avatarDiego Alvarez

Ethereum Attempts Recovery Amidst Selling Pressure

chest

Ethereum is attempting to rebound after recent selling pressure, but the recovery is weak.

user avatarMaria Fernandez

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.