Hey there, crypto enthusiasts! If you’ve been keeping an eye on the blockchain world, you might have noticed a big change that’s got everyone talking. On July 10, 2025, Jacquelyn Melinek from X shared an exciting update: the Bloomberg Terminal has switched its scale to show Bitcoin’s value in millions. Yes, you read that right—Bitcoin is now being tracked at 0.112M per coin! Let’s dive into what this means and why it’s a game-changer for the crypto community.
What’s the Big Deal with the Scale Switch?
For those unfamiliar, the Bloomberg Terminal is a go-to tool for financial professionals worldwide. It provides real-time data on stocks, bonds, and now, increasingly, cryptocurrencies like Bitcoin. Traditionally, the terminal displayed Bitcoin’s price in dollars, but with its value skyrocketing, switching to a million-scale makes sense. The image shared by Melinek shows Bitcoin hovering around 0.112M, with a recent intraday chart highlighting its wild fluctuations between 0.107M and 0.112M over the past few days.
This shift isn’t just a technical tweak—it’s a sign of Bitcoin’s growing legitimacy in the financial world. Imagine tracking a stock that jumps from $10 to $112,000 in a decade; that’s the kind of growth we’re seeing with Bitcoin. By using millions, Bloomberg is making it easier for traders to read and analyze these massive figures without losing precision.
A Closer Look at the Chart
The chart itself tells a story of volatility and resilience. From July 5 to July 9, 2025, Bitcoin’s price dipped to a low of 0.107M before climbing back to 0.112M. This 3.63% increase (as noted in the terminal) shows the kind of rollercoaster ride crypto traders are used to. The orange line marking the “Day Suggested Price” at 0.108M gives a baseline, while the recent spike suggests renewed investor confidence.
For meme token fans and blockchain practitioners, this is a reminder that even the biggest cryptocurrencies can experience dramatic swings. It’s a great opportunity to compare Bitcoin’s movements with the wild world of meme coins, where prices can double—or crash—overnight!
Why This Matters for Crypto Traders
So, why should you care? First, this move by Bloomberg signals that crypto is no longer a niche market—it’s mainstream. Big financial institutions are adapting their tools to keep up with Bitcoin’s growth, which could attract more institutional investors. Second, the million-scale format might inspire other platforms to follow suit, making it easier to track high-value assets across the board.
That said, not everyone’s thrilled. One X user pointed out that switching to millions might not be ideal for volatile assets like Bitcoin, where small percentage changes can mean huge dollar swings. It’s a fair point—0.112M might look stable, but a 1% drop still equals a hefty $1,120 per coin at that scale!
The Meme Coin Connection
At Meme Insider, we love exploring how trends in major cryptocurrencies like Bitcoin ripple out to the meme token space. While Bitcoin’s price in millions is a milestone, it also highlights the potential for smaller tokens to gain traction. Projects like DepoSpot (mentioned in the thread) are betting on making even the tiniest tokens powerful—could this be the next big thing in the meme coin world? Keep an eye on our knowledge base for updates!
What’s Next?
As of 04:01 AM JST on July 11, 2025, Bitcoin’s journey to new heights continues to unfold. Whether you’re a seasoned trader or a curious newbie, this Bloomberg Terminal update is a moment to watch. Will other financial tools adopt similar scales? Could this push Bitcoin toward that elusive $1M mark per coin? Share your thoughts in the comments, and let’s speculate together!
For more insights into the crypto world, including meme tokens and blockchain tech, stick with Meme Insider. We’re here to help you navigate this exciting space with the latest news and expert analysis!