Bitcoin Joins Top 10 Global Assets, Claiming The 7th Spot—Report

Share This Post

Bitcoin’s price skyrocketed to crazy new highs in 2024, leaving the financial world pretty stunned. It hit $108,000, which is a massive 124% jump for the year. That kind of climb pushed Bitcoin up to become the 7th biggest asset in the world by market value. It’s now sitting ahead of heavyweights like silver and Saudi Aramco, showing that digital assets are getting way more respect in traditional finance.

Bitcoin ETFs Bring Big Money To The Table

Spot Bitcoin ETFs have played a huge role in Bitcoin’s big rise this year. These ETFs have made it much easier for big institutional investors to put their money into Bitcoin. They’re basically a bridge between the old-school finance world and the crypto scene.

This has given Bitcoin a boost in credibility. It is no longer just a speculative gamble but something taken seriously. Trading activity has increased, and adoption is also rising. The record inflows into these ETFs prove that more people are now seeing Bitcoin as a real asset worth investing in.

Since these ETFs have done so well, people’s perception of Bitcoin has also changed. It is no longer an investment just for speculation. Buyers who want to make money in the long term use it as a mainstay of their portfolios. Analysts say that Bitcoin’s recent rise in popularity among organizations could set the stage for long-term growth, as long as market conditions stay positive.

The Quiet Revolution: Stablecoins & AI

Even though Bitcoin got the most attention, the cryptocurrency business as a whole made a lot of progress in other areas as well. For DeFi to work, stablecoins like USDe from Ethena are necessary. In a market that is always changing, they give customers a stable choice. Cryptocurrencies have value beyond speculation, as shown by how quickly they became famous.

Artificial intelligence has also had a major impact on the sector. AI-powered solutions have altered how merchants and platforms operate, improving trade tactics and risk management.

The industry reports various instances of innovation and efficiency facilitated by AI. The crypto space has become more accessible to retail and institutional participants because of this.

Opportunities And Risks In A Volatile Market

This year has been a good one for the bitcoin market, yet still very unpredictable. While this great rise in the value of Bitcoin shows just how useful it could be, it also warns how risky it could be.

Analysts say that the market is naturally volatile, and corrections are bound to be made. Therefore, trading in this fluctuating domain would require an open mind and up-to-date knowledge.

Featured image from Pixabay, chart from TradingView

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

US court schedules Do Kwon’s jury trial for January 2026

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan 8 The court has

PEPE In Jeopardy? Bearish Momentum Drives Price Toward $0.00001731

PEPE is under pressure as its price approaches the critical $000001731 level, a support zone that has repeatedly tested bulls’ resilience The renewed bearish momentum highlights growing

Just In: Do Kwon’s Criminal Fraud Trial Set for January 2026

The post Just In: Do Kwon’s Criminal Fraud Trial Set for January 2026 appeared first on Coinpedia Fintech News In the latest development, the trial for Do Kwon is set for 2026 as lawyers

Bitcoin Reserve Plan Called ‘The Dumbest Idea Ever’ By Fed, Expert Unveils

In a striking revelation on the latest episode of the Coin Stories podcast, host Nathalie Brunell interviewed The Digital Chamber founder & CEO Perianne Boring, who disclosed an unvarnished and

PEPE Price Prediction for January 9, Whale Sells 427 Billion Coins

The post PEPE Price Prediction for January 9, Whale Sells 427 Billion Coins appeared first on Coinpedia Fintech News Pepe (PEPE), the popular third-largest crypto meme coin, is poised for a massive

PEPE Price Prediction for January 9, Whale Sells 427 Billion Coins

The post PEPE Price Prediction for January 9, Whale Sells 427 Billion Coins appeared first on Coinpedia Fintech News Pepe (PEPE), the popular third-largest crypto meme coin, is poised for a massive