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. rows · The global crypto market cap is $B, a % decrease over the last day. 2 days ago · Bitcoin [BTC] is a cryptocurrency with its own blockchain. The most actual price for one Bitcoin [BTC] is $23 Bitcoin is listed on 91 exchanges with a sum of active markets. The 24h volume of [BTC] is $24 , while the Bitcoin market cap is $ which ranks it as #1 of all cryptocurrencies.
Bitcoin market cap btcBitcoin Market Cap Surpasses That of Mastercard as BTC Eyes New All-Time High | Cryptoglobe
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. Read the original article on Business Insider. Indices in This Article. Normally the Alt Season Start on December this is 3 years in row trends. BTC dominance is at supply zone, previously many times it rejected frm same zone. Anyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart.
Not even going to do any analysis, the result is already in. At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away. This is partly to do with Some Elliott Wave for you. Hello, traders!
Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions. In case if big players are fixing positions on BTC, the nearest support level is at the price values of I believe we'll begin to see a significant pullback here now, which will result in the strengthening of the altcoins in Q1 Inversely i've linked a chart to Altcoin dominance below which has just seen a third touch on a long term monthly trend line which gives me added confluence for Anyone that bought the dip on Alts, very ballsy!
Hat's off to you if it work out. Finger Crossed.