11 rows · Follow Bitcoin and your favorite alternative currencies. Track price, market cap, supply and . Dec 19, · Bitcoin has a current market cap of about $ billion, while that of gold's stands at roughly $10 trillion. This week the cryptocurrency gained 12% over two days alone, and was trading Author: Shalini Nagarajan. Crypto assets that include Bitcoin. Bitcoin is the world’s most-traded cryptocurrency which represents a massive share of the cryptocurrency market. It was the first cryptocurrency that was introduced to the public and has therefore the most developed infrastructure. It is often considered to be a trendsetter in the cryptocurrency world.
Bitcoin market cap tradingBitcoin Price and Market Cap — TradingView
Then no regrets if you decide you are not going to ride it, like we are riding this frenzy bubble of this new regime that we are in when you are printing more money than we have ever seen before.
What is driving Bitcoin is driving Tesla and Snowflake and every venture back. Please check your inbox or spam folder to confirm your subscription. Thank you. What Is Blockchain?
What Does Hodl Mean? December 23, Check Latest News Headlines. Submit a Press Release. Crypto Livewire — Press Releases. Submit a Guest Post. On-chain demand and other metrics suggest that the rally was driven more by institutional hedge funds, family offices, and money managers. Hileman expects to see continued buy-in from retail and Wall Street investors going forward, rather than corporates. That's because it is harder for bigger players to participate than professional investors who already have accounts and easy access to major exchanges, he explained.
As for the US dollar, the researcher expects the world's most popular reserve currency to be digitized sometime in the next five years. The status quo is working well for the dollar because it is dominant through the SWIFT mechanism and the corresponding banking system, he said. The US government can also raise debt at attractive interest rates, supporting the dollar's status. But a competitive challenge lies in the crypto space and in the rise of stablecoins.
Shalini Nagarajan. Although the bitcoin rally was largely driven by institutional investors, he expects to see continued buy-in more from retail and Wall Street investors going forward.
The researcher expects the US to digitize the dollar, but not too soon as he said "the Fed is happy with the way the world is. Visit Business Insider's homepage for more stories.