🚨 What Would a $50 Trillion Bitcoin Market Cap Mean for Investors?

News

The BTC price is showing strength breaking past its crucial resistance of $65,000 as Asia's MicroStrategy Metaplanet buys more Bitcoins.

Asia’a MicroStrategy – Metaplanet – has been on a massive Bitcoin acquisition spree in October this month, adding more than 300 Bitcoins to its kitty in the past 15 days. Thus, the company’s BTC holdings surged by 60% in October. On Tuesday, the Japanese public-listed firm purchased another 106.976 BTC for an investment value of 1 billion Japanese yen, as the BTC price makes a strong upside to $66,000 levels.

Ripple co-founder Chris Larsen backs Kamala Harris, citing several reasons, despite criticism amid the ongoing XRP lawsuit against the US SEC.

In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm is continuing its battle with the US SEC, while many have slammed the current government for its anti-crypto stance. However, despite that, Larsen keeps his support for the Democrats, while also donating a massive amount in XRP to a super PAC backing Kamala Harris.

Explore how much Bitcoin price would be worth if BTC market cap hits $50 trillion according to BlackRock CEO Larry Fink.

In BlackRock’s third-quarter earnings call with analysts on Friday, CEO Larry Fink mentioned that Bitcoin (BTC) could be as big as the $50 trillion housing market. This forecast from the executive of the world’s largest asset manager is likely to have an impact on Bitcoin price.

Markets

The crypto prices today reverberated optimism across the broader market as BTC topped $65K, whereas ETH, SOL, and XRP pumped in sync.

The crypto prices today have sparked substantial investor optimism globally, pumping heavily on Tuesday. Bitcoin (BTC) price soared remarkably to top the $65K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices surged 2%-5% over the past day.

A crypto trader has turned $727 into $2.42 million in just 4 days by investing in Solana meme coin Goatseus Maximus (GOAT), witnessing a massive gain of 3329%.

A crypto trader made significant gains with a new Solana meme coin trading, sparking discussions in the market. According to reports, the trader has made $2.42 million with an investment of $727, and that too in just four days. The new meme coin, Goatseus Maximus (GOAT) has gained notable traction among crypto market enthusiasts since its launch, as evidenced by its soaring prices recently.

Ethereum price shows potential for a bullish breakout, driven by an inverted head and shoulders pattern and rising open interest.

Ethereum price shows a modest downtick of 0.46% during Tuesday’s trading session, settling at $2,617. This slowdown in momentum allows crypto buyers to revive the exhausted bullish momentum witnessed last weekend. With the recent debut of spot ETH ETFs in Australian markets and open interest surging, a crypto analyst suggests that the “Most Hated Rally” to $6,000 could be on the horizon.