tldr; Bitcoin has surpassed Google’s parent company Alphabet in market capitalization, becoming the sixth most valuable asset globally at $2.13 trillion. This milestone coincides with a surge in crypto equities, including a 20% rise in Coinbase shares, driven by optimism around U.S. stablecoin regulation under the GENIUS Act. The act, which mandates full reserve backing for stablecoins, is seen as a step toward mainstream adoption. Bitcoin’s year-to-date growth exceeds 40%, fueled by institutional interest and its ‚digital gold‘ narrative amid U.S. fiscal concerns.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
restore_democracy on
Still surprising that the whole market cap of Bitcoin is that of a single company. Early.
Substantial_Tip_2634 on
Wtf
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tldr; Bitcoin has surpassed Google’s parent company Alphabet in market capitalization, becoming the sixth most valuable asset globally at $2.13 trillion. This milestone coincides with a surge in crypto equities, including a 20% rise in Coinbase shares, driven by optimism around U.S. stablecoin regulation under the GENIUS Act. The act, which mandates full reserve backing for stablecoins, is seen as a step toward mainstream adoption. Bitcoin’s year-to-date growth exceeds 40%, fueled by institutional interest and its ‚digital gold‘ narrative amid U.S. fiscal concerns.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Still surprising that the whole market cap of Bitcoin is that of a single company. Early.
Wtf