Key Highlights:
For a comprehensive look at this historic event, you can read the full article on Decrypt.
- Bitcoin has surpassed silver in market capitalization by breaking through the $71,000 barrier, setting a new all-time high.
- This achievement underscores Bitcoin's growing prominence and acceptance as "digital gold," attracting investors looking for alternatives to traditional assets.
- The surge in Bitcoin's price is partly attributed to the anticipation of the upcoming Bitcoin halving and the broader acceptance of cryptocurrencies.
- Ethereum also witnessed a significant increase, crossing the $4,000 mark, driven by the forthcoming Dencun upgrade aimed at enhancing transaction speed and efficiency.