Bitcoin has reached a staggering $1.76 trillion valuation, overtaking silver to become the 8th largest global asset. This remarkable rise came a day after the US presidential elections and has had significant economic impacts.
Earlier today, Bitcoin's price soared past $89,000, marking a 27% increase from the previous week. This surge highlights Bitcoin's growing dominance in the asset market.
Additionally, there have been record inflows into Bitcoin ETFs, indicating a heightened interest from investors seeking exposure to this surging cryptocurrency.