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Bitcoin Returns to Top 10 Biggest Global Assets by Market Cap After Soaring to $75K

The ever-volatile cryptocurrency industry benefited from Donald Trump’s growing chances to win the US presidential elections with massive rallies by most assets. Bitcoin finally broke its March all-time high of $73,737 and soared past $75,000 to chart a new peak. Its market capitalization exploded in tandem to a high of its own at $1.5 trillion […]

Bitcoin’s Path to $200,000 Doesn’t Depend on Dollar’s Demise, Claims Bitwise CIO

Bitcoin’s path to reaching $200,000 doesn’t require a collapse of the US dollar. Instead, Bitwise Chief Investment Officer Matt Hougan believes there are two key drivers that will support BTC’s upward potential, offering a compelling perspective on its future as an institutional asset. Institutional Maturity Responding to a query about the US dollar’s impact on […]

Not Just Bitcoin: Gold’s Price Dropped 4% in Hours After Fed’s Latest Rate Cuts Comments

The cryptocurrency market is known and critiqued (by some) for its enhanced volatility, a good example of which it witnessed in the past 12 hours or so when prices tumbled, leaving nearly $1 billion in liquidations. Bitcoin was among the least affected assets, but its price still tumbled from around $71,000 to $65,000 before it […]

Here’s Why Robert Kiyosaki Prefers Bitcoin Over Gold, Silver, and Oil

Renowned American author and businessman Robert Kiyosaki has once again expressed his support for Bitcoin (BTC), praising its superiority over traditional assets like gold, silver, and oil. In a recent tweet, Kiyosaki elaborated on why he believes Bitcoin stands out among these assets. Bitcoin’s Fixed Supply Advantage Acknowledging his ownership of gold and silver mines […]

Investors Prefer Bitcoin ETFs Over Gold as Both Asset Hit ATHs

Bitcoin ETFs are receiving increased interest from investors as their preference shifts towards BTC over traditional investments such as gold, even though both assets have recently hit new all-time highs (ATHs). On Tuesday, Bitcoin skyrocketed above $69,000, momentarily establishing a new record before experiencing a notable pullback. Bitcoin Surpasses Gold in ETF Inflows Traditionally viewed […]