Cardano

Bitcoin ETF

Bitcoin

Dogecoin

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Bitcoin (BTC) is notably living up to expectations as a crypto market leader in many aspects. Besides being the most valuable digital currency in the industry at a $737,493,111,078 capitalization&nbsp;<a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">according</a> to CoinMarketCap, Bitcoin's profitability is also at a level that cannot be matched by many of the top altcoins in the ecosystem today.
Per data from IntoTheBlock (ITB), as many as 83% of Bitcoin addresses are "in the money" at the moment, leaving just about 14.98% in loss and 1.35% of addresses at their break-even points. In actual numbers, the ITB data pegs the addresses in the money at 42.04 million, while those out of the money at 7.53 million and the break-even category at 679,660.
The leadership prowess becomes more visible when compared to the Ethereum statistics. Despite being a cheaper alternative with more potential for a price uptick, only 74.69% of addresses, or 77.97 million addresses, are profitable at the moment. A total of 24.76 million addresses, or 23.72%, are in losses, while those at their break-even points are 1.66 million, or 1.59% of the total.
Against other altcoins like Cardano (ADA) and Dogecoin (DOGE), the differentials are notably even larger.
<h2 id="best-of-bitcoin-btc-is-yet-to-come-here-s-why">Best of Bitcoin (BTC) is yet to come, here's why</h2>
The 128% growth Bitcoin has printed in the year-to-date (YTD) period and the obvious uptick in its key growth metrics are comforting, especially to long-term investors. However, the&nbsp;<a href="https://u.today/bitcoin-spot-etf-wall-street-eyes-100-billion-potential" rel="noopener noreferrer nofollow">potential approval</a> of a spot Bitcoin exchange traded fund (ETF) product by the U.S. SEC shows the best is yet to come.
Many analysts believe that the eventual approval of a Bitcoin ETF can tilt the balance in a favorable way. With a projected likelihood of $250 billion in cash injection by the various applications based on a conservative estimate of their assets under management (AUM), top analyst Samson Mow&nbsp;<a href="https://u.today/1-million-bitcoin-price-expected-by-samson-mow-heres-his-satoshi-argument" rel="noopener noreferrer nofollow">foresees a $1,000,000 price target</a> for the coin in the near future.
If this happens, Bitcoin&nbsp;<a href="https://u.today/bitcoin-giant-microstrategy-reports-mega-profits-on-its-btc" rel="noopener noreferrer nofollow">whales like MicroStrategy</a> will be one of the biggest winners.

Bitcoin (BTC) Shows Leadership as 83% Addresses Now Profitable

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