Analysts emphasize that for Bitcoin to solidify its position as a leading global asset class, substantial capital inflows are essential to compete with established giants like gold and the US dollar. Despite Bitcoin’s market capitalization reaching approximately $2.42 trillion, it… Read More »Analyst: Bitcoin Requires Significant Capital Inflows to Rival Gold and Dollar Dominance
Bitcoin’s market capitalization has eclipsed that of e-commerce giant Amazon, driven by intense institutional demand and record inflows into spot Bitcoin exchange-traded funds (ETFs). The cryptocurrency reached an unprecedented all-time high of $122,600 amid this surge. US spot Bitcoin ETFs… Read More »Bitcoin Market Cap Tops Amazon on Record ETF Inflows and Institutional Accumulation
Bitcoin achieved a significant milestone by briefly surpassing Amazon’s market capitalization, reaching a peak valuation of $2.36 trillion. This surge positions the cryptocurrency within striking distance of Apple’s $3.16 trillion market cap. For Bitcoin to overtake Apple as the world’s… Read More »Bitcoin Market Cap Briefly Tops Amazon, Nears Apple’s Valuation Landmark
Prominent financial advisor Ric Edelman has significantly revised his stance on digital assets, recommending aggressive investors allocate up to 40% of their portfolios to cryptocurrencies and related technologies. This marks a substantial departure from his prior suggestions of low single-digit… Read More »Ric Edelman Advocates Up to 40% Portfolio Allocation to Digital Assets for Aggressive Investors
Bitcoin has achieved a significant financial milestone as its market capitalization recently exceeded $2 trillion, surpassing the combined value of banking giants Bank of America ($342.7 billion) and Bank of China ($234.06 billion). This development signals Bitcoin’s growing prominence as… Read More »Bitcoin Market Cap Surpasses Combined Value of Bank of America and Bank of China