CompaniesMarketCap data shows that Bitcoin (BTC), the 5th largest asset on the planet, has surpassed Alphabet’s (Google/GOOG). BTC has a $1.87 trillion market capitalization. Alphabet’s market capitalization is $1.859 trillion. BTC is currently ranked behind Gold, Apple(AAPL), Microsoft’s (MSFT), Nvidia’s (NVDA), and Microsoft.
You may also like: Top 3 Cryptocurrencies To Rise From Trump’s “Made In America”
Bitcoin Surges 21,4%
BTC is experiencing a significant bullish outburst over the last 24-hours. Assets are up 6,7% daily, 13,3% weekly, 21,4% 14-day, 8,3% monthly, and 42.6% from April 2024.
You may also like: Shiba Inu: Is SHIB A Profitable Buy For 2025?
Trump Media announced its ETF with Crypto.com, which triggered a recent market surge. The initiative is aimed at American crypto projects. BTC is not known to have originated in any country, but it’s likely the original cryptocurrency will be able to benefit from the new development.
Bitcoin (BTC) is one of the top-performing investments in the last 15 years. Gold and technology stocks have been outpaced by the cryptocurrency. Over the past few years, this asset has entered mainstream finance.
Is the asset set to reach a new all-time high?
Bitcoin (BTC), the cryptocurrency, hit a new high of $108 786 on January 20th of this year. The price of the asset has declined by 13.4% from its peak.
You may also like: Expert: Ripple’s SWIFT-Like Replacement Could Send XRP to $15K
CoinCodex predicts that BTC could rally in the coming days. According to the platform, BTC is expected to reach an all-time record of $130.514. BTC price is expected to rise by 38.3% when it reaches the $130.514 goal. CoinCodex doesn’t expect BTC to remain at $130. By June 17, the platform expects BTC’s price to drop below $100,000.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
