2 days ago · According to data presented by cryptodayly.de, the combined market capitalization of Bitcoin, Ethereum and XRP, as the three leading crypto coins, hit $bn in December, a . Dec 17, · Data presented by Bankr indicates that Bitcoin’s market capitalization of $ billion as of December 17, ranks it higher than any bank globally. American banking giant JP Morgan trails Bitcoin with a Market capitalization of $ billion. Among banks, JP Morgan has the highest market cap. 5 rows · Bitcoin is up % in the last 24 hours. The current CoinMarketCap ranking is #1, with a market.
Bitcoins highest market cap
There is a macro reason to be long. His view was he said, listen, it is scary. It makes no sense. You have to decide, am I going to ride it or not?
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, 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.
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