Bitcoin Market Cap Surpasses Tesla as Crypto ETF Activity Expands
Bitcoin’s market cap has climbed above $1.63 trillion, surpassing Tesla’s roughly $1.438 trillion market cap and returning BTC to the Top 15 global assets. Bitcoin also gained around 5% over the past 24 hours.
Meanwhile, Morgan Stanley’s Bitcoin ETF (MSBT) recorded 20 consecutive trading sessions without an outflow, accumulating around $51.5 million during the period.
In Japan, the Bank of Japan raised its policy rate to 1.25%, but the yen still weakened to around 157.80 against the dollar.
The altcoin ETF market is also becoming more active. The SEC received an amended S-1 filing for the proposed 21Shares Injective ETF, adding to the growing list of altcoin ETF filings.
XRP exchange reserves also fell to around 1.7 billion XRP, described in the report as a seven-year low.
Overall, the latest data highlights continued activity across Bitcoin, crypto ETFs, and the broader altcoin market.
#Crypto #BitcoinETF #Altcoins #xrp #Injective #BTC #Binance
Bitcoin’s market cap has climbed above $1.63 trillion, surpassing Tesla’s roughly $1.438 trillion market cap and returning BTC to the Top 15 global assets. Bitcoin also gained around 5% over the past 24 hours.
Meanwhile, Morgan Stanley’s Bitcoin ETF (MSBT) recorded 20 consecutive trading sessions without an outflow, accumulating around $51.5 million during the period.
In Japan, the Bank of Japan raised its policy rate to 1.25%, but the yen still weakened to around 157.80 against the dollar.
The altcoin ETF market is also becoming more active. The SEC received an amended S-1 filing for the proposed 21Shares Injective ETF, adding to the growing list of altcoin ETF filings.
XRP exchange reserves also fell to around 1.7 billion XRP, described in the report as a seven-year low.
Overall, the latest data highlights continued activity across Bitcoin, crypto ETFs, and the broader altcoin market.
#Crypto #BitcoinETF #Altcoins #xrp #Injective #BTC #Binance
