4 Signs of a Trillion-Dollar Sea Change in Bitcoin Valuations

Key Points

1. Bitcoin's price surged by about 13% over the past 30 days, significantly outperforming the S&P 500's 4.73% gain in the same period.

2. Bitcoin's market capitalization reached $2.34 trillion, surpassing Google's market cap and the global valuation of above-ground silver.

3. The US government now accepts Bitcoin and other cryptocurrencies for home loans, eliminating the need for conversion to USD for mortgage applications.

4. Corporate interest in Bitcoin is rising, with companies like Murano Global investing heavily in Bitcoin through equity funding agreements.

5. Long-term Bitcoin holders, including 'Sleeping Beauty' addresses, are becoming active sellers, indicating a growing market for corporate Bitcoin buyers.