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


by Vignesh Karunanidhi
for CoinEdition
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

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


by Vignesh Karunanidhi
for CoinEdition
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

Read More

Crypto Community Blames Binance, Wintermute, Trump for the 10/11 Market Crash

Crypto Community Blames Binance, Wintermute, Trump for the 10/11 Market Crash

The largest-ever 10/11 crypto market crash, as some call it, erased over $500 billion...
BTC Mining Firm Marathon (MARA) Scoops Up 400 BTC After Price Crash, On-Chain Data Show

BTC Mining Firm Marathon (MARA) Scoops Up 400 BTC After Price Crash, On-Chain Data Show

Arkham data shows bitcoin miner Marathon bought 150 BTC through its custodian Anchora...