Bitcoin's market value surpasses Amazon for the first time; what signal does this release?
First, this news needs to be stated—Bitcoin has truly beaten Amazon this time, surpassing it in market value. As of recently, Bitcoin's market value briefly broke through about $2.42 to $2.45 trillion, successfully jumping from 'the sixth largest global asset' to the world's fifth.
Seeing this, my first reaction is: 'Wow, this is not just a price increase, but more like a ceremony for identity enhancement.'
BTC has elevated from 'local asset' to a global asset of significant scale, and there are three levels of signals behind this worth pondering.
1. Institutional money is really coming in, and ETFs have become the entry point.
This wave of increase is intense, and the key factor is that the inflow of spot Bitcoin ETFs has set a historical record, especially with traditional large institutions like BlackRock leading the way.
Seeing this, my first reaction is: 'Wow, this is not just a price increase, but more like a ceremony for identity enhancement.'
BTC has elevated from 'local asset' to a global asset of significant scale, and there are three levels of signals behind this worth pondering.
1. Institutional money is really coming in, and ETFs have become the entry point.
This wave of increase is intense, and the key factor is that the inflow of spot Bitcoin ETFs has set a historical record, especially with traditional large institutions like BlackRock leading the way.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
117,765.51
+0.36%
