Table of Contents
What will BTC stabilize at?
Bitcoin Pullback Could Stabilize Around $60K Support.
What is Bitcoin market cap?
$883.39B
Today’s Cryptocurrency Prices by Market Cap
| # | Name | Market Cap |
|---|---|---|
| 1 | Bitcoin 1 BTC Buy | $883.39B |
| 2 | Ethereum 2 ETH Buy | $448.05B |
| 3 | Binance Coin 3 BNB Buy | $88.22B |
| 4 | Tether 4 USDT Buy | $76.34B |
Could the creator of Bitcoin shut it down?
It is already impossible for a single entity to kill bitcoin and its underlying blockchain technology, so state governments and regulators should embrace blockchain technology and cryptocurrencies, said the chief executive of the world’s biggest cryptocurrency exchange.
Will bitcoin ever be stable as a currency?
Although Bitcoin has a $60 billion market cap at the moment, it is still nothing when compared with huge global currency markets. Until the BTC market cap starts to grow into the trillions, it is highly unlikely that it will be stable enough to function as a currency. The volatility merely occurs because there is not enough liquidity.
Will bitcoin fluctuate in price?
If Bitcoin gains enough liquidity, there should be significantly less fluctuation in price. While Bitcoins market cap is around $60 billion, the most stable world currencies are measured in trillions.
What happens when someone leaves the bitcoin market?
Whenever someone enters or leaves the market, they create a massive ripple effect on the price. However, once Bitcoin becomes like a lake or an ocean, the price will stabilize, and you won’t be able to notice any individuals affecting the market. The Future of Bitcoin
Will bitcoin become more popular in Latin America?
In Latin America and Africa, for instance, Bitcoin has become more popular than ever in recent years. In these countries, cryptocurrencies such as Bitcoin have the biggest opportunity to enter the mainstream, become widely used, and gain liquidity. Bitcoin will see less price fluctuation if it manages to gain more liquidity in the next few years.