“The value of bitcoin (BTC) climbed over 38% against the U.S. dollar in the past six months, registering a 125% increase year-to-date. Riding high at a peak not seen in 18 months, bitcoin’s market capitalization has ascended to become the eleventh-largest among global assets. This ranking includes an array of assets such as precious metals, exchange-traded funds (ETFs), and corporate valuations.”
This may surprise some of you. Bitcoin (by itself, not counting other digital assets) is now the 11th largest global asset. On-chain food for thought…