What Happened: Bitcoin surged to an all-time high, soaring past $72,000 on Monday. As a result, Bitcoin’s valuation skyrocketed to $1.42 trillion, surpassing that of silver, which stands at $1.387 trillion, as reported by CompaniesMarketCap.

Last week saw substantial growth in digital asset investment funds, with a remarkable $2.7 billion in inflows, propelling the year-to-date total to $10.3 billion, as reported by CoinShares.

The record annual inflow of $10.3 billion in 2021 appears poised to be surpassed next week, marking this achievement less than three months into 2024.