Nov 17, · Bitcoin’s Market Cap Hits All-Time High. According to publicly-available market data, bitcoin’s market capitalization has hit a new all-time high, eclipsing its highest mark ever of $ billion, set on December 16, , per Coin Metrics. Market capitalization is determined by an asset’s individual price, multiplied by its total supply. 2 days ago · According to data presented by bitmoneylab.de, the combined market capitalization of Bitcoin, Ethereum and XRP, as the three leading crypto coins, hit $bn in December, a . Nov 18, · Bitcoin’s total market capitalization reached a new ATH of around $ billion and it surpassed the previous record (around $ billion in late December ). This has become possible because the number of bitcoins in circulation has increased in the past three years.
Bitcoins highest market cap
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.
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Submit a Press Release. 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. Dow Jones 30, Currency Exchange Rates.