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Bitcoin’s Recent Surge: Political Shifts and Institutional Activity Fuel Market Optimism

Bitcoin has recently experienced a breathtaking surge, climbing over 30% in just a week, significantly impacting the broader cryptocurrency market. As digital assets gain traction with both institutional and retail Bitcoin.com

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Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly $33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump openly supporting cryptocurrency during Bitcoin.com