Bitcoin has reached a significant milestone, with its price hitting $88,000 during early Asian trading hours. This surge has pushed Bitcoin's market cap to $1.736 trillion, surpassing that of silver.
With this achievement, Bitcoin has become the world's 8th largest asset, underscoring its growing acceptance and value in the global market. The cryptocurrency saw a 10% gain, contributing to its new standing.
This development highlights the dynamic nature of the crypto market and Bitcoin's position as a key player among global assets.