Blackrock’s spot ETF filing and the Securities and Exchange Commission’s crackdown on crypto are driving investors toward Bitcoin.
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Category: Bitcoin market cap
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Bitcoin Now Larger Than Facebook’s Market Cap — ‘Money Network More Valuable Than Social Network’
The surge in bitcoin’s price on Friday has propelled the cryptocurrency past Facebook’s market cap. Next, bitcoin stands to flip Tesla, Google, Amazon, Microsoft, and then Apple. Bitcoin Surpasses Facebook in Market Cap Bitcoin’s frequent rise past all-time highs this week has made the size of the cryptocurrency larger than Mark Zuckerberg’s Facebook. The price […]Powered by WPeMatico
Bitcoin’s Market Dominance Is Decreasing, and That’s OK
I wanted to take the time to write a quick response to many of the sensationalized pieces that have been coming out about Bitcoin and cryptocurrency lately. Cryptocurrencies have been on everyone’s mind lately, and even though there are clear signs of more widespread adoption, the headlines still seem similar to before. Bubble concerns and fears of criminal use are commonplace, but a newer one I’ve been seeing is “Bitcoin is losing its dominance in crypto’s market cap.” To that I say “good,” and here’s why. Bitcoin dominance index decline is a good thing Contrary to what these headlines would have you believe,Powered by WPeMatico