$BTC has outperformed almost all asset classes over the past 12 months, but the recent drop has 'spooked' investors, according to a report by VanEck dated Sept. 19.
#Bitcoin spot prices have risen by approximately 124% since Sept. 2023, increasing its market share among #Cryptocurrencies As of Sept. 20, BTC's market cap was about $1.25 trillion, making up 56% of the total crypto market-roughly 15% more than a year ago.
VanEck expects the 'long-term bull market' for Bitcoin to continue, noting that the current adoption of Bitcoin as an investment tool is driven by different forces compared to 2023.
