Global #Bitcoin

The Royal Government of Bhutan has officially surpassed $1 billion in Bitcoin holdings, cementing its position as one of the most significant state-backed Bitcoin holders.

Bitcoin (BTC) has reached a significant milestone, hitting the $88,000 mark during early Asian trading hours, marking its highest price to date. This surge has pushed Bitcoin’s market capitalization to an impressive $1.736 trillion, surpassing silver to become the world’s 8th largest asset by value.

MicroStrategy (MSTR) saw its stock surge to an all-time high of $350 on November 11, driven by a historic rally in Bitcoin (BTC), which broke past the $85,000 mark earlier in the day.

Bitcoin reached an all-time high on Tuesday, marking a significant rally in the digital asset market following Donald Trump’s re-election as president.

On Wednesday, November 6, Bitcoin reached new all-time highs (ATH), surpassing $75,000 and approaching the long-awaited bull run in the cryptocurrency market.

As the global economy faces inflationary pressures, with the average inflation rate for 2023 sitting at 5.69%, many people are questioning the effectiveness of traditional financial systems.