The largest cryptocurrency is currently ranked 9th.
Source: Skilling.com
The ever-growing Bitcoin market saw a significant surge following Donald Trump’s victory in the US presidential election. Massive rallies occurred in the majority of most as assets during this period.
Bitcoin shattered its record high of $73,737 set in March. Then, it reached a new high, soaring above $75,000. Its market capitalization also skyrocketed, reaching a peak of $1.5 trillion at one point.
Even though the price of Bitcoin has dropped to $74,500 since then, the statistic has helped the cryptocurrency regain its place among the top 10 global assets by market capitalization.
At the moment, Bitcoin has a market cap of $1.465 trillion. Compared to other businesses, it comes in at number nine. Walmart, Tesla, Berkshire Hathaway, and Meta Platforms are all behind Bitcoin.
Assets by Market Cap. Source: CompaniesMarketCap
Even though the price of gold has actually retraced 1.1% today, the metal still holds the top spot with a market valuation of over $18 trillion. With $3.4 trillion, NVIDIA follows suit. Afterwards, Alphabet ($2.08 trillion), Amazon ($2.1 trillion), Microsoft ($3.06 trillion), and Apple ($3.377 trillion) are included.
Silver ($1.784 trillion) and Saudi Aramco ($1.775 trillion) are the next targets for Bitcoin. Today, the price of the precious metal has also dropped by over 3%.
Ethereum (ETH), the second-largest cryptocurrency by this metric, has increased around 7% in value during the last day. With a price tag of roughly $2,600, its market capitalization exceeds $310 billion, putting it in 34th place behind Bank of America, Netflix, and Johnson & Johnson.
According to CompaniesMarketCap, those two cryptocurrencies are the only ones listed among the top 100 largest assets.
