Bitcoin hits all-time high against traditional asset benchmarks Bitcoin hits all-time high against traditional asset benchmarks

Quick Take Bitcoin’s recent performance has defied traditional financial metrics, with the digital asset reaching new heights against the US 20+ year Treasury Bond ETF (TLT), the S&P Regional Banking ETF (KRE), and the Japanese Yen. In a direct comparison with TLT, a globally recognized benchmark for relatively safe assets, Bitcoin had surged, underlining its
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Bitcoin hits $1 trillion market cap again as $217 million liquidated in 24 hours Bitcoin hits $1 trillion market cap again as $217 million liquidated in 24 hours

Quick Take Currently, Bitcoin’s value is around $51,500, successfully surpassing the $1 trillion market cap. This ascension places it above some of the world’s leading corporations. Berkshire Hathaway’s market cap hovers around $850 billion, marking it the eleventh-largest entity. Meanwhile, Meta, standing ninth in the global ranking, carries a market cap of $1.173 trillion. Bitcoin
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Solana surpasses BNB Chain as fourth-largest digital asset by market cap Solana surpasses BNB Chain as fourth-largest digital asset by market cap

Solana’s SOL has surged past Binance-backed BNB in the last 24 hours, securing its position as the fourth-largest digital asset by market capitalization. Data from CryptoSlate showed that SOL’s market cap is wavering around $50 billion, marking its first foray past this threshold since December. In contrast, BNB’s market cap peaked at $49.2 billion during
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Bitcoin Hits $1 Trillion Market Cap as BTC Blitzes Past $51K

More bullish signs: Bitcoin open interest is the highest it’s been in 2 years and the iShares Bitcoin Trust now holds more than 100,000 BTC.

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Bitcoin ETF market sees $631 million inflow in one day

Quick Take The Bitcoin ETF market exhibited a continued surge in net inflows on Feb. 13; the trading day saw a total positive net flow of $631 million across all providers, with a total net inflow of 12,736 BTC, according to BitMEX Research. BitMEX data shows that BlackRock IBIT marked a notable achievement with a
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Bitcoin whales on the rise as numbers hit three-year high as ETFs join cohort Bitcoin whales on the rise as numbers hit three-year high as ETFs join cohort

Quick Take The Bitcoin landscape has witnessed a significant uptick of Bitcoin whales—entities holding 1,000 BTC or more. Their numbers have surged in recent weeks, coinciding with Bitcoin’s rise from $38,000 to $51,000. Currently, there are 1,602 Bitcoin whales, a considerable uptick from 1,482 in January. This surge not only eclipses the March and April
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Bitcoin forks down up to 70% against BTC in since all-time high Bitcoin forks down up to 70% against BTC in since all-time high

Major Bitcoin forks, including Bitcoin Cash (BCH), Bitcoin SV (BSV), and eCash (XEC, formerly Bitcoin Cash ABC), have experienced significant price depreciation against Bitcoin (BTC) since its all-time high in November 2021. BCH declined by 48%, BSV by 42%, and XEC suffered a substantial 71% loss against BTC during this timeframe. This bearish performance contrasts
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Bitcoin rally to $52k lifts US crypto stocks to outsized gains Bitcoin rally to $52k lifts US crypto stocks to outsized gains

Bitcoin’s brief rally to $52,000 has lifted the shares of several US-listed crypto-focused firms. Data from CryptoSlate showed that the flagship digital asset’s price surged more than 6% to as high as $52,021 during the reporting period before retracing just below the psychological resistance as of press time. CryptoSlate Insight reported that this positive price
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