Bitcoin has once again secured its position among the world's top 10 largest assets by market capitalization, with its value approaching that of silver. Its current capitalization stands at approximately $1.35 trillion, overtaking major companies like Tesla and Meta.
Experts indicate that should Bitcoin's price reach $90,000 per BTC, it will surpass Saudi Aramco, positioning it as the seventh-largest asset in the world. This impressive growth in market capitalization is primarily driven by increasing institutional investments coupled with growing interest from retail investors.
Analysts are optimistic that if this trend continues, Bitcoin's status as a major global financial asset will be solidified, enhancing its influence over world markets and showcasing its importance in the financial sector.
Source: ultramining.com ↗