Bitcoin’s market cap reflects growing institutional interest: Bitcoin’s rising market cap, nearing 2 trillion USD, highlights substantial institutional interest. On December 11, 12,500 BTC worth approximately 1.3 billion USD was withdrawn, contributing to an overall drop of 200,000 BTC off exchanges since the U.S. Election.
Institutional demand positions Bitcoin against gold: Institutional investors like BlackRock and Fidelity validate Bitcoin, positioning it as a worthy alternative to gold. With a market cap of around 17 trillion USD, Bitcoin is attracting attention as a hedge against inflation amidst evolving financial landscapes.
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