Feb 14:  Bitcoin Hits $1 Trillion Market Cap

Feb 14: Bitcoin Hits $1 Trillion Market Cap

Bitcoin's Market Cap Reaches $1 Trillion: Bitcoin has surged past $51,000, propelling its market capitalization over the $1 trillion mark. This significant achievement underscores the growing investor confidence and mainstream acceptance of Bitcoin as a digital store of value.


Record High in Bitcoin Futures Open Interest: The open interest in Bitcoin futures has soared to $21 billion, marking the highest point since November 2021. This surge reflects the increasing interest of institutional investors in cryptocurrency as a viable investment option.


Bitcoin ETFs Outshine Gold: Bitcoin ETFs have experienced over $3 billion in net flows, surpassing the launch records of traditional gold ETFs. This shift indicates a changing investor preference towards digital assets, potentially redefining the landscape of investment vehicles.

________


News Links 👇


https://decrypt.co/217382/bitcoin-hits-1-trillion-market-cap-as-btc-blitzes-past-51k


https://www.coindesk.com/markets/2024/02/14/bitcoin-futures-open-interest-tops-21b-highest-since-november-2021/


https://decrypt.co/217238/bitcoin-etfs-surpass-3-billion-net-flows-shattering-gold-etf-launch


https://decrypt.co/217255/glenlivet-distillery-mixes-ethereum-nfts-and-ai-into-whiskey-collection


https://unchainedcrypto.com/starknets-first-token-distribution-will-be-available-to-nearly-1-3-million-addresses/


https://decrypt.co/217390/ai-act-vote-eu-ban-applications-that-threaten-citizens-rights


https://decrypt.co/217287/coinbase-ripple-backed-super-pac-targets-elizabeth-warren-ally


https://decrypt.co/217319/gaming-projects-unlock-175-million-worth-tokens


https://decrypt.co/217330/nvidia-flips-amazon-in-market-cap-riding-high-on-ai

——————————————————————


***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


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Episoder(703)

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