As Bitcoin (BTC) surpassed the $52,000 mark, its market cap surged to $1 trillion. BTC’s uptrend momentum has caught the eyes of many investors. However, savvy investors prefer one of the new DeFi projects, Borroe Finance ($ROE), for its ongoing performance in the presale stages. Moreover, $ROE’s surge in demand has increased investors’ confidence. Let’s find out more.
Bitcoin Regains $1 Trillion Market Cap
After hitting a two-year high, Bitcoin has surged its market cap to $1 trillion. The two-week uptrend momentum for Bitcoin has led the leading cryptocurrency to surpass the $52,000 level. Moreover, Bitcoin crossed $1 trillion in market cap for the first time since December 2021.
One of the contributing factors to Bitcoin’s recent performance was the steady flow of news from the spot Bitcoin ETFs approval. After the approval, Bitcoin funds have already witnessed over $3 billion of net flows. This has fueled optimism among BTC traders and holders.
According to crypto a
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