BITCOIN Is JUST Getting STARTED! [Crypto Market Update - Week 50]

Started by 20ambitious, Dec 17, 2024, 08:14 AM

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dalmihelte

�Bitcoin's recent milestone of surpassing $100,000 marks a significant event in its history, reflecting its growing acceptance and integration into mainstream finance. �
insights.glassnode.com

Key Highlights:

Market Capitalization: Upon crossing the $100,000 threshold on December 5, 2024, Bitcoin's market capitalization briefly exceeded $2 trillion, surpassing that of silver. �
insights.glassnode.com

Institutional Adoption: Companies like MicroStrategy have significantly increased their Bitcoin holdings, with MicroStrategy now possessing over 400,000 BTC. �
ETC Group
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insights.glassnode.com
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Network Growth: The Bitcoin network has processed over 1.12 billion transactions, settling approximately $131.25 trillion in transfer volume, underscoring its expanding utility. �
insights.glassnode.com

Market Trends:

Bitcoin is on track for its seventh consecutive weekly gain, marking its longest winning streak in over three years. �
linkedin.com

Looking Ahead:

The recent surge in Bitcoin's price and its increasing integration into traditional financial systems suggest a positive outlook. However, investors should remain mindful of the inherent volatility in cryptocurrency markets and conduct thorough research before making investment decisions.�

Bitcoin Surpasses $100,000 Amidst Growing Institutional Adoption
insights.glassnode.com
A Monumental Milestone - Glassnode Insights
90 days ago
ETC Group
Corporate Treasuries Embrace Bitcoin: Microstrategy Leads with ...
92 days ago
linkedin.com
Week #50 — Market Update for December 9-13, 2024 - LinkedIn

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