Bitcoin Shoots Past Gold, Now 'America's Reserve Favorite'! 🚀💰

Well, would you look at that—Bitcoin did it again. Pushed itself to a new high, climbing higher than a cat on a fence, and now Americans own more of it than gold. Who knew wallets would replace treasure chests? 🤔

According to a report from River, Bitcoin has become “America’s emerging reserve asset,” because apparently old shiny rocks just aren’t cutting it anymore. Nearly 40% of all Bitcoin, valued at over $790 billion, now calls the US home. Yep, that’s a lot of digital pennies in digital piggy banks.

Now we’ve got 49.6 million Americans holding Bitcoin. Meanwhile, only 36.7 million cling to their beloved gold—poor dull thing—gold’s role shrinking faster than a tea bag in hot water. “Until 1971, gold was king, backing up the dollar and serving as America’s trusted good ol’ store of value,” echoes the report, as if gold had forgotten its glory days. But times change, and apparently so do assets.

And get this—the government is jumping on the crypto bandwagon. Earlier this year, the White House declared Bitcoin a “strategic reserve asset,” probably because they got tired of paper and ink. Now, their Bitcoin stash doubles their gold holdings—talk about a digital gold rush! 🤑

Meanwhile, Bitcoin sprinted past its previous high of about $108,700—like a racehorse on steroids—breaking the $109,000 barrier for the first time. And right now, it’s trading at $109,077, up 3.6% in just a day. Yep, the crypto rollercoaster keeps on chugging—hold on tight! 🎢

2025-05-21 21:40

Bitcoin Shoots Past Gold, Now ‘America’s Reserve Favorite’! 🚀💰

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