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The Wolf Of All Streets
Bitcoin Breaks $1 Trillion Market Cap | Altcoins Surge | Mark Yusko
Feb 15, 2024
Mark Yusko joins the host to discuss the future of the market and factors contributing to selling pressure on Bitcoin. They also discuss the potential candidacy of lawyer John Deaton, Bitcoin as a diversifying asset and hedge against traditional assets, memorable poker moments, and the excitement in the cryptocurrency world.
51:52
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Quick takeaways
- Bitcoin's market cap surpassing $1 trillion signifies its mainstream adoption and store of value.
- The Bitcoin spot ETF witnessing significant inflows validates it as a legitimate investment vehicle and indicates rising demand for Bitcoin exposure.
Deep dives
Bitcoin's market cap surpasses $1 trillion
Bitcoin's market cap has exceeded $1 trillion, while its price has surged to over $52,000. This significant milestone highlights the growing adoption and acceptance of Bitcoin as a mainstream asset and store of value.
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