Bitcoin breaks yet another all-time high, now testing $92,000
Global digital market cap reaches $3.02 trillion as Bitcoin dominates, up 117% YTD.
Happy Wednesday!
Bitcoin has reached a new milestone, now testing the $92,000 mark as the global digital market cap soars to $3.02 trillion, reflecting a remarkable 117% increase year-to-date. In this thriving environment, Coinbase has unveiled its COIN50 Index, a significant new benchmark that tracks the top 50 cryptocurrencies, aiming to provide a comprehensive view of the market akin to the S&P 500. Meanwhile, Arthur Hayes predicts a Bitcoin boom amid shifting U.S. economic policies, while Ethereum ETFs are experiencing a surge in inflows following the recent elections. Stay informed with today’s key headlines!
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The global crypto market cap is $3.05 trillion, with a 24-hour volume of $287.9 billion. The price of Bitcoin is $92,194.54, and BTC market dominance is 60.0%. The price of Ethereum is $3,282.80, and ETH market dominance is 13.0%. The best-performing sector is Deflationary, which gained 41%. The Crypto Fear & Greed Index is currently Greed (84).
Bitcoin breaks yet another all-time high, now testing $92,000
Global digital market cap reaches $3.02 trillion as Bitcoin dominates, up 117% YTD.
📰 Top News
Coinbase launches COIN50 index to rival S&P 500 in crypto markets
Coinbase's COIN50 tracks the 50 largest cryptos by market cap to introduce a broad benchmark that captures value across sectors.
Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism
Hayes argued that Bitcoin's fixed supply makes it a superior hedge as US policies shift toward debt-fueled growth and interventionist economics.
Ethereum ETFs surge after US election, approaching positive net flows
The spot Ethereum ETFs captured over $500 million in inflows in the four trading days following the US elections.
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📈Latest Insights
Bitcoin’s correlation with gold hits lowest level in a year post Donald Trump victory
US Treasury bond ETFs lose half their value against surging Bitcoin
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