Bitcoin Who? Wall Street Has a New Crypto Obsession
For over a decade, Bitcoin has been the undisputed face of digital finance. When you think “crypto,” you think Bitcoin. Its surges and crashes have been treated as bellwethers for the entire industry. This year, it even set new records, solidifying its reign.
But for the past month, the crypto world hasn’t been talking about Bitcoin. The spotlight has been stolen by a company that most people have never heard of.
While Bitcoin’s price reached an all-time high this spring, its dominance is being challenged. Its market value, while still a colossal $2 trillion, is suddenly looking like yesterday’s news. Because in the world of finance, Wall Street and social media have a new darling:…