At $2T m-cap, Bitcoin now more valuable than Google, Meta

Amid persistent inflation concerns and volatile stock markets, Bitcoin has become a go-to hedge for institutional and retail investors alike.

This was further evidenced by the performance of crypto-related stocks like MicroStrategy (MSTR) and Coinbase Global (COIN), which rose by 3.2% and 2.8%, respectively on Saturday.

These developments underscore an increasing cross-market correlation between cryptocurrencies and traditional equities.

Analysts believe that interest rate expectations and stock market volatility could drive future movements in the crypto market.