Bitcoin's market capitalization has risen to a three-year high. How will the market perform in the future?
Has the market reached its peak again? Perhaps we can find some clues from the on-chain data.
JinseFinanceHas the market reached its peak again? Perhaps we can find some clues from the on-chain data.
JinseFinanceGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceBitcoin surpasses silver in market capitalization, now 8th globally, valued at $1.4 trillion, with a recent price surge to $71,621.
Huang BoFidelity's Jurrien Timmer predicts Bitcoin's market cap could reach $6 trillion, fueled by its role as digital gold and store of value.
Xu LinData shows that Bitcoin has returned to the 10th place in the global asset market value rankings with a market value of US$949.8 billion, surpassing the market value of Berkshire Hathaway (US$863.28 billion) and currently ranking behind Meta Platforms (US$1.193 trillion). .
JinseFinanceGolden Finance launches the 2215th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceGolden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest game, DeFi, DAO, NFT and Metaverse industry news.
JinseFinanceGold prices hit a record high of $2,110 per ounce, fueled by geopolitical tensions and anticipated U.S. interest rate cuts. Bitcoin pioneer Adam Back predicts a market cap flip, envisioning Bitcoin surpassing gold within a year or two, contingent on reaching $700,000. However, gold advocate Peter Schiff remains skeptical, attributing Bitcoin's spike to a speculative frenzy around spot Bitcoin ETFs.
SanyaBTC’s market capitalization is much smaller than that of gold, but Bitcoin’s daily trading volume and the number of funds under management suggest that BTC is trading at a significant discount.
Cointelegraph