Bitcoin ETF

Bitcoin

April

Infinite

Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>) entered the top 10 largest assets by market capitalization. 
According to Infinite<a href="https://8marketcap.com/" target="_blank" rel="noopener"> Market Cap</a>, BTC has left giants like Berkshire Hathaway, Tesla, and Visa behind. According to the portal, Bitcoin’s market cap has reached $809.6 billion, only 3% less than the social media giant Meta, whose market cap currently stands at $834.76 billion. 
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 Source: <a href="https://8marketcap.com/" target="_blank" rel="noopener">8marketcap</a>
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Bitcoin’s market cap jumped sharply from Nov. 27 to Dec. 3. Since then, the figure rose from $724.03 billion to $816.94 billion, according to <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener">CoinMarketCap</a>, setting highs not seen since March 2021. 
The jump occurred against the background of a sharp increase in the value of a single Bitcoin, which surpassed $41,000 at the time of writing. 
 You might also like: <a href="https://crypto.news/best-crypto-etf/"> Best crypto ETF by performance in 2023 </a> 
The price of the world’s largest and oldest cryptocurrency fell below $40,000 in April 2022. However, Bitcoin has surged over the last few months, thanks to <a href="https://crypto.news/standard-chartered-says-blackrock-etf-approval-will-drive-165-btc-price-pump-btcetf-token-surge/">hopes</a> that a spot Bitcoin exchange-traded fund (ETF) could be approved for launch in the U.S. in 2024. 
In recent weeks, executives in the cryptocurrency industry are predicting the start of a new bull cycle, with a growing number of industry analysts optimistic that Bitcoin <a href="https://crypto.news/crypto-industry-gets-ready-for-bull-run-with-100000-bitcoin-predicted-in-2024/">will reach new all-time highs</a> above $100,000 by 2024. 
 You might also like: <a href="https://crypto.news/analyst-points-to-imminent-signs-of-spot-bitcoin-etf-approval/"> Analyst points to imminent signs of spot Bitcoin ETF approval </a>

Bitcoin surpasses Berkshire Hathaway and Tesla in market cap

crypto.news

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