Breaking: Bitcoin (BTC) Overtakes Silver as 8th largest asset as JetBolt Surge past 42 million tokens sold
Bitcoin (BTC) is now the 8th largest asset in the world, overtaking silver in terms of market capitalization. Bitcoin’s market cap stands at $1.736T as of writing, and its price of $89,122.86 has surpassed its all-time high (ATH) of $85,000.
As Bitcoin hits new records amid a post-Trump victory, suggesting more crypto-friendly policies and market regulations, next-generation altcoin JetBolt (JBOLT) has surged past 50 million tokens sold since its presale launch in August.
While Bitcoin makes history by reaching new heights, let’s find out how emerging altcoin JetBolt sets itself apart and could be on its way to becoming one of the top altcoins this season.
Bitcoin overtakes Silver as 8th largest asset: Can BTC reach $100K?
Bitcoin’s latest rally has catapulted the flagship crypto coin to being the 8th largest asset in the world, overtaking silver in terms of market capitalization. Today, BTC’s market cap has reached $1.736T, compared to silver’s $1.733T.
The charts are all green for Bitcoin (BTC) as it posts a record-breaking high of over $85,000 in today’s market exchange. With the surge occurring a week after Trump’s win, analysts suggest that Bitcoin may surpass the $100K milestone before the year ends.
The manic bullish trajectory of BTC can be attributed to favorable market dynamics, growing institutional demand, and significant inflows into spot Bitcoin ETFs, according to analysts.
Blackrock, the world’s largest asset manager, accumulated more than $1 billion worth of inflows to its Bitcoin ETF across a record trading day as Bitcoin continued to break all-time high records. Over three days, a substantial inflow of $2.29 billion was recorded—a strong indicator signaling continued institutional adoption that could support BTC’s unstoppable upswing, potentially for the rest of the year.
Another significant contributor to BTC’s rise is Microstrategy’s purchase of 27,200 BTC for $2.03 billion, increasing its total holdings to nearly $12 billion.
Furthermore, Blackrock’s iShares Bitcoin Trust (IBIT) has surpassed the firm’s long-standing iShares Gold Trust (IAU) in net assets this week. Long-time crypto insiders suggest that Bitcoin may now be gearing up to play a game of catch-up–not with stocks, but with gold.
Meanwhile, young altcoin JetBolt’s presale (JBOLT) is likewise causing a stir, boasting zero-gas technology and other Web3 enhancements.
JetBolt’s Zero-Gas Tech creates waves: Presale reports over 50 Million tokens sold
JetBolt (JBOLT) is an emerging altcoin making a sensational entry into the crypto industry. With a presale revenue of over $540,000 or over 50 million tokens sold since its launch in August, JetBolt continues to elicit attention from various crypto buyers, including whales. So, is it just hype? What is causing the JetBolt surge?
JetBolt offers users and crypto whales a unique blend of blockchain tech and user-centric Web3 utility features. This new altcoin introduces zero-gas technology by leveraging the Skale Network. By eliminating gas fees, JetBolt enables users to transact without the additional charges typically associated with other cryptocurrencies.
JetBolt also comes with an easy-to-navigate Web3 wallet that integrates features like WebAuthN and face ID recognition. JetBolt makes it easy to use the platform and purchase tokens, even for those without any Web3 wallet experience.
On the staking front, JetBolt provides a breath of fresh air with its SocialFi mechanism. Users stand to earn more as they are rewarded by logging in to claim daily rewards and connecting with friends while on the platform. This elevates the total on-chain staking experience by making it more socially engaging.
Whales and traders wanting to scale up their holdings can tap into JetBolt’s exclusive Alpha Boxes and benefit through discounts and up to 25% additional JetBolt tokens for bulk purchases.
With exciting attributes that could revolutionize the Web3 space, it’s no wonder JetBolt’s ongoing presale is attracting attention from whales seeking up-and-coming projects that boast cutting-edge features.
Summary: Bitcoin is setting New Historical Heights as JetBolt Surges with its Presale activity
Today, Bitcoin (BTC) makes history by surpassing the market cap of silver, claiming the title of the 8th largest asset in the world. With continued support from rising institutional adoption and favorable market conditions, Bitcoin maxis are optimistic that its rally towards achieving a new all-time high of $100K before the year ends might just be possible.
Adding excitement to the already bustling crypto economy is next-generation altcoin JetBolt. JetBolt’s presale success is a testament to its growing popularity among blockchain enthusiasts, as well as crypto whales.
To learn more about JetBolt and its unique features, visit the links below:
Official Website: https://jetbolt.io
X/Twitter Page: https://x.com/jetboltofficial
Telegram Channel: https://t.me/jetboltcoin
This article is not financial advice. Cryptocurrencies are inherently volatile and risky. Results are not guaranteed so readers should do their own research before engaging in any cryptocurrency activity.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
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