- Pin
- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Bitcoin's Market Cap Exceeded 2.2 Trillion Dollar! Became the Fifth Most Valuable Asset in the World! Here are the Details
A historic milestone has been left behind in the crypto market. Bitcoin (BTC), with its strong rise this week, has pushed its market capitalization above the 2.2 trillion dollar level for the first time, becoming the world's fifth most valuable asset.
Bitcoin's Market Capitalization Exceeded 2.2 Trillion Dollars: New Peak in Institutional Interest, Options Market Indicates More
Bitcoin thus left giants like Amazon (AMZN) and Google (GOOG) behind; it only lagged behind technology giants like Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA), as well as gold with an estimated value of around 22 trillion dollars.
The strong price movement of BTC around 110,000 dollars is supported by intense buying from all investor groups, from whales to individual investors. This positive atmosphere in the market is interpreted as a sign that Bitcoin is increasingly being embraced in the traditional financial world.
With a week to go before the expiration of May options, the majority of investors have taken positions in call options at the $110,000 level. In June futures options, it is noteworthy that call positions at $200,000 and $300,000 are concentrated. This indicates the market's expectation that the upward potential will continue.
Institutional Players and ETF Demand at Peak
Divergence from Traditional Markets: Is Bitcoin Becoming a Macro Hedge?
On the macroeconomic front, Bitcoin is clearly differentiating itself from traditional assets. In the last five days, BTC has risen by 5%, while the S&P 500 has lost more than 1% in value. This negative correlation indicates that Bitcoin stands out as a "macro hedge" ( protection tool against economic fluctuations ).