Tuesday , May 7 2024
Home / Tag Archives: Market Cap

Tag Archives: Market Cap

Garrick Hileman: A $1 Trillion Market Cap Is in Bitcoin’s Future

Bitcoin just keeps surging and surging, and with no end in sight, many analysts have become major fans over the last few weeks and months. Some are even claiming that the asset is going to reach new highs that many people never though possible. One of these individuals is Garrick Hileman, the head of research at Blockchain.com.Garrick Hileman Is Convinced of Bitcoin’s ProwessAt the time of writing, bitcoin’s market cap is at around $440 billion, though Hileman is convinced that a $1 trillion...

Read More »

Bitcoin Encounters Heavy Resistance at the $16K Level

Is bitcoin about to fall behind? This is a question that’s making its way through many analysts’ heads given that over the past several days, bitcoin has hovered in one spot.Bitcoin May Be Encountering a Few BarricadesThe currency is presently trading for around $15,365, which is in the middle of the range it’s been traversing over the past week. Many analysts believed that if bitcoin was retaining its previous momentum, it would have likely hit $16,000 by now, though that isn’t necessarily...

Read More »