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Bitcoin Is The New King of Wall Street
Anthony Pomplianoยท 2025-07-28 13:01
Market Dominance & Adoption - Bitcoin has established itself as the king of the crypto market and continues to dominate in market cap, capital flows, and attention [1] - Increasing adoption of Bitcoin, Ether, and Ethereum is indicated by more data points [1] - Bitcoin has broken away from other assets like Ethereum and Solana, which haven't set new all-time highs recently [1] Wall Street & Bitcoin Integration - Wall Street is embracing Bitcoin and figuring out how to make money from it [1] - Bitcoin is being integrated into the traditional financial system through ETFs, public companies, and real estate funds [1] - Wall Street sees Bitcoin as a way to bring volatility, financial return, more customers, assets, and profits [1] Bitcoin as a Store of Value - The US dollar has lost 30% of its purchasing power since 2020 [1] - The S&P 500 denominated in Bitcoin is down 85% since 2020 [1] - Bitcoin is considered a better store of value than the US dollar by some [1] - Storing corporate assets in Bitcoin is expected to become a consensus trade over time [1] Future Catalysts for Bitcoin - The United States government may announce the purchase of Bitcoin to create a strategic reserve [1] - Some remaining skeptical firms on Wall Street may eventually capitulate and embrace Bitcoin [2]