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Bitcoin Surpasses Silver in Market Cap, Becomes 6th Most Valuable Asset Globally


by Vignesh Karunanidhi
for CoinEdition

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Bitcoin Overtakes Silver as 6th Most Valuable Asset Globally
  • Bitcoin’s market cap reaches $1.859 trillion, surpassing silver’s $1.845 trillion.
  • The price of BTC jumped 6.12% to $93,630 as the crypto market cap approaches $3 trillion.
  • BTC now ranks behind only gold and other tech giants in global asset rankings.

Bitcoin has made history, flipping silver to become the world’s sixth most valuable asset. With a market capitalization of $1.859 trillion, Bitcoin has officially surpassed silver’s $1.845 trillion valuation, marking a turning point in the global financial landscape.

This significant milestone follows Bitcoin reclaiming the $93,000 benchmark with a decent 6.12% increase in the past 24 hours. As of press time, the cryptocurrency is trading at $93,870 based on CoinMarketCap data. The overall cryptocurrency market itself has been strong, with the total capitalization standing at $2.93 trillion, surging 6.65% from the previous day.

The rise of Bitcoin over silver in the asset rankings is more than just a number. It represents how the shift has been perceived. Although silver has served as a store of value and medium of exchange for over 5,000 years of human civilization, Bitcoin, la…

The post Bitcoin Surpasses Silver in Market Cap, Becomes 6th Most Valuable Asset Globally appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 86.97K

+0.57%

$ 0.00...361

$ 0.00643

$ 0.0000824

$ 0.000207


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In This News

Coins

$ 86.97K

+0.57%

$ 0.00...361

$ 0.00643

$ 0.0000824

$ 0.000207


Share:

Read More

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Bitcoin Surpasses Silver in Market Cap, Becomes 6th Most Valuable Asset Globally


by Vignesh Karunanidhi
for CoinEdition

Share:

Bitcoin Overtakes Silver as 6th Most Valuable Asset Globally
  • Bitcoin’s market cap reaches $1.859 trillion, surpassing silver’s $1.845 trillion.
  • The price of BTC jumped 6.12% to $93,630 as the crypto market cap approaches $3 trillion.
  • BTC now ranks behind only gold and other tech giants in global asset rankings.

Bitcoin has made history, flipping silver to become the world’s sixth most valuable asset. With a market capitalization of $1.859 trillion, Bitcoin has officially surpassed silver’s $1.845 trillion valuation, marking a turning point in the global financial landscape.

This significant milestone follows Bitcoin reclaiming the $93,000 benchmark with a decent 6.12% increase in the past 24 hours. As of press time, the cryptocurrency is trading at $93,870 based on CoinMarketCap data. The overall cryptocurrency market itself has been strong, with the total capitalization standing at $2.93 trillion, surging 6.65% from the previous day.

The rise of Bitcoin over silver in the asset rankings is more than just a number. It represents how the shift has been perceived. Although silver has served as a store of value and medium of exchange for over 5,000 years of human civilization, Bitcoin, la…

The post Bitcoin Surpasses Silver in Market Cap, Becomes 6th Most Valuable Asset Globally appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 86.97K

+0.57%

$ 0.00...361

$ 0.00643

$ 0.0000824

$ 0.000207


Share:

In This News

Coins

$ 86.97K

+0.57%

$ 0.00...361

$ 0.00643

$ 0.0000824

$ 0.000207


Share:

Read More

Bitcoin is all over the place ahead of U.S. inflation data

Bitcoin is all over the place ahead of U.S. inflation data

U.S. inflation data for November, expected to show a 3.1% increase in CPI, could infl...
[LIVE] Crypto Market Update: Market Pullback Deepens: ETH Near $2.8K as Sector Indices Flash Steep Declines

[LIVE] Crypto Market Update: Market Pullback Deepens: ETH Near $2.8K as Sector Indices Flash Steep Declines

Follow up to the hour updates on what is happening in crypto today, December 18. Mark...