pinetwork

Bitcoin becomes the fifth largest asset in the world in terms of market value by bypassing Alphabet Company (Google)

admin

The market value of Bitcoin reached $ 1.87 billion, exceeding 1.859 billion of dollars for the alphabet, by a small difference.

The market value of Bitcoin-BTC has currently classified fifth in the classification of assets on a global scale in terms of market value, by bypassing the giant technology market company (alphabet), the mother company of Google, the market value of Bitcoin reached $ 1.87 billion on April 23, exceeding a small difference in accounting of the situation of the latest 1.859 A trillion delegated to the alphabet, which is 1.859 a trillion held on the last aspect of the diet, which represents 1.859 a trillion worldwide. For this, the leader Chipto is no longer the point of the largest in market value, with the exception of gold companies, Apple (Apple), Microsoft and Nvidia.

Bitcoin informs a new benchmark of its association with the actions of companies in the American technology sector

This achievement came in the middle of the independence of Bitcoin performance increasingly of American technological actions; In April alone, the value of Bitcoin increased by 15%, going around a big difference in the Nasdaq 100 of 4.5%index, so that this difference represented a clear change compared to the historic Bitcoin association with the shares in the technological sector, to renew the wave of optimism among chipto investors months after poor performances.

Despite its recent increase, the price of Bitcoin remains 16% lower than its highest level of last January at $ 109,000 after the re -election of Donald Trump as president of the country; Investors’ confidence after Trump’s recent procedures, including criticism from the president of the Federal Reserve Jerome Powell and his signature of an executive decree to create a Strategic Bitcoin Reserve (SBR) with the end of the 60 -day assessment period of the reserve proposal.

Vetle Lunde, head of the K33 research department, previously indicated that “questions about the independence of the federal reserve offer a Bitcoin positive impulse”, which is consistent with the opinions of the American macroeconomic assets Fejau (Fejau) that the exit from the investments of traditional American assets can contribute to the value of the Bitcoin value, which In the covers and the new role in the role of new role in the role of new role in the role of role and their role of new role in the role of new role in the role of role and their role of new role in the role of new role in the role of role and their role of new role in the role of new role in the covers and the roles of the pioneer suct which is not linked to the risks of the technological sector.

“These are the economic conditions for which Bitcoin is designed”, expecting Bitcoin to conduct the next growth stage as soon as the current fluctuations on the market decreases.

This occurs at a time when Alpabett faces growing challenges that included organizational audit, pressure on the fight against monopoly and slowdown in its income from digital advertisements; While the foresight of its growth and the emergence of competitors in the field of artificial intelligence (AI) affected the general mood of investors to the company.

And to put things in its quorum, the market value of Bitcoin – currently very 1.87 Billion of dollars – exceeds its counterpart in Tesla, which added Bitcoin to the origins of its treasure in 2021 at an average price of $ 33,500, to approximate the rate of unreasonable gains 180% at a value exceeding a billion dollars.

The price of bitcoin exceeds $ 93,000 thanks to the calm of the fears of Trump linked to federal reserves, customs tasks and investment flowers at FNB BTC

After President Trump denied his intention to reject the president of the Federal Reserve Jerome Powell, the BTC price exceeded a mark of $ 94,000 on Tuesday, eliminating the concerns of investors concerning the independence of the federal reserve. Trump’s expression has contributed to the flexibility of customs prices imposed on Chinese imports to an increase in market optimism and prompted Bitcoin to increase since yesterday. At the time of writing this report, the Bitcoin price settled at an increase of more than 4% compared to yesterday with $ 93,750, according to CoinmarketCap data.

In the midst of growing institutional interests, immediate FNB Bitcoin ETF (Bitcoin ETF) recorded a net investment of $ 719 million in two days, which indicates renewed confidence.

Follow us via Google News

The Bitcoin position becomes the fifth largest in the world in terms of market value, bypassing the alphabet (Google) peroiiiiiis on the Arab cryptonews.

Exit mobile version