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Bitcoin is the leader of the Mag 7 cryptocurrencies

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Bitcoin is the mother and largest member of the Mag 7 cryptocurrencies. This is because it has the largest network in the blockchain world. Currently, the market value of Bitcoin exceeds $2 trillion and is expected to continue growing in the long term even if it experiences short-term corrections. Bitcoin started the blockchain revolution about 15 years ago when the network was launched by Satoshi Nakamoto and used blockchain technology for the first time to complete financial transactions.

Currently, Bitcoin is treated in two ways: the first is as a store of value, similar to gold, and a safe haven during high inflation to protect wealth. The second is that it is a high-risk financial asset that is invested in and treated like Nasdaq. Additionally, Bitcoin reflects global liquidity levels similar to gold; it tends to increase during times of rising liquidity and decrease when liquidity is withdrawn from the markets.