$BTC

Bitcoin (BTC) and conventional financial markets such as stocks and bonds have different investment scenarios. BTC has a decentralized platform, with 24/7 trading and inflation protection, but high volatility and regulatory risks. Conventional markets are regulated, providing stability.

In recent years, the market cap of Bitcoin has grown significantly, even surpassing Alphabet (Google) to become the world's fifth-largest asset. This has raised debate on whether BTC can surpass Nvidia in market cap. Bitcoin has done overwhelmingly in terms of price, going up by about 6.7% in the last 24 hours and 42.6% since April 2024, trading at approximately $92,532.

Despite positive ETF inflows indicating robust institutional appetite, BTC's funding rates and open interest have both turned red, which could signal a correction in the market. The BTC options market shows signs of rising bearishness. Bitcoin's price activity has shown growing correlation with risk assets like the S&P 500 and Nasdaq since 2020, especially in conditions of high liquidity.