crypto 353
07/17 14:57

Bitcoin (BTC) has achieved a historic milestone by reaching a new all-time high of $123,091, officially becoming the world’s fifth-largest asset by market capitalization at $2.4 trillion.
The cryptocurrency has now surpassed Amazon’s $2.3 trillion valuation, silver’s $2.2 trillion, and Google’s $2.19 trillion, positioning itself just $730 million shy of tech giant Apple.

This remarkable ascent comes amid massive institutional adoption, with over 265 companies now holding Bitcoin on their balance sheets, doubling from 124 companies since June 5th.
The latest surge liquidated $1.3 billion in short positions within 60 seconds as Bitcoin skipped past $120,000 and rocketed directly to $121,000.
US spot Bitcoin ETFs maintained their seven-day buying streak, amassing over $1 billion in net positive inflows on Friday alone.
Corporate treasuries now hold 3.5 million Bitcoin, with 853,000 BTC representing 4% of the total supply in public company coffers.
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