Get the latest REAL price, REAL market cap, trading pairs, charts and data today from the world’s number one cryptocurrency price-tracking website Cryptocurrencies: 8, Markets: 34, Market Cap: $,,, 24h Vol: $,,, BTC Dominance: %. 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 Author: Shalini Nagarajan. Dec 17, · Bitcoin Surpasses $B Market Capitalization, More Than Any Global Bank December 17, (cryptodayly.de Newswire) Data presented by Bankr indicates that Bitcoin's $ billion market cap.
Bitcoin real market capcryptodayly.de Markets | Price, Charts, News
The Bankr report traces the surge in Bitcoin market value over the recent months. According to the research report:. As the benchmark cryptocurrency, Bitcoin has gotten to a place where institutional investors and banks are legitimately looking at investing in the sector as a defense against currency devaluation. This news is published on the Investorideas. Original content created by investorideas is protected by copyright laws other than syndication rights.
Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more.
As many as million people own crypto assets today, according to Hileman. He noticed a lot of the recent price action was driven by institutional investors, based on transactions that occur on the chain, and is unlike the retail investor frenzy of 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.