Bitcoin Market Cap Quadruples to $1.33 Trillion in 2024 Amidst Rising Institutional Demand: CME & Glassnode Report

The surge in institutional demand for cryptocurrencies highlights the significant opportunities these assets offer. The first half of 2024 has seen Bitcoin’s market cap soar, quadrupling to over $1.33 trillion primarily due to spot ETFs and institutional investors. “Stablecoins have emerged as a crucial pillar in the digital asset market structure, with their total supply

Source: CoinOtag