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Showing posts with the label store of value

Bitcoin becomes 10th largest currency in the world

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The original and foundational cryptocurrency, Bitcoin (BTC) has, unsurprisingly, consistently maintained the largest market capitalization of all digital assets.  But it hasn’t exactly been a smooth ride — the volatile nature of crypto has led to numerous intense price changes that have added or subtracted billions in BTC’s market cap in short timeframes. In 2024, a promising first quarter was followed up by an extended period of sideways trading without a clear trend. Since mid-October however, things have changed — Bitcoin, as well as the wider crypto market, is now in a bull run, buoyed by tailwinds from resurgent recession fears and the election of Donald Trump, widely seen as the pro-crypto candidate of the 2024 presidential race. Picks for you Why XRP price is crashing 1 hour ago ...