Bitcoin has entered the ranking of the “top 10 assets in the world by market cap”, after surpassing one trillion dollars.
Bitcoin surpasses one trillion dollars in market cap and enters the “top 10 assets in the world”
Bitcoin’s market cap has once again exceeded one trillion dollars ($1 trillion), securing a place in the ranking of the “top 10 assets in the world by market cap”.
There are only 10 assets in the world worth more than $1 Trillion.#Bitcoin is one of them. 😎 pic.twitter.com/qaYqreDOPw
— Bitcoin Archive (@BTC_Archive) February 19, 2024
“There are only 10 assets in the world worth more than 1000 billion dollars. Bitcoin is one of them.”
By analyzing the ranking that involves assets of any kind, such as listed companies, precious metals, crypto, and ETFs, Bitcoin is currently in tenth place with a market cap of 1.021 trillion dollars.
At the top there is Gold with over 13 trillion dollars, followed by Microsoft and Apple with respectively over 3 trillion dollars and 2.8 trillion dollars.
Below the podium of the top assets in the world, there are Saudi Aramco, Nvidia, Amazon, Alphabet (Google) and Silver.
In ninth place, just before Bitcoin, there is Meta Platform with 1.206 trillion dollars and, in eleventh place, below Bitcoin, there is Berkshire Hathaway with a market cap that falls below 12 zeros.
Bitcoin and the return to a market cap above one trillion dollars
It was Valentine’s Day, February 14th, when BTC returned above one trillion dollars in market cap.
This milestone was reached along with the bull run of the BTC price which had returned above the $51,000 levels.
Not only that, beyond the one trillion market capitalization is a figure that has not been seen since November 2021, a month in which BTC had also recorded its all-time high price of $69,000.
The performance of BTC, being the leader of the crypto market, has also raised the total market cap of the entire crypto market, which has exceeded 2000 billion dollars. Such a figure has not been seen since April 2022.
The current situation
At the time of writing, BTC is worth $51,951 with a market cap of $1.019 trillion.
Exactly on February 15th, the price of BTC started to exceed $52,000, reaching the peak of $52,795.
Despite the various fluctuations, in the last week, the price remains above $50,000, also bringing the positive market sentiment.
Today, Bitcoin’s Fear and Greed Index is at a score of 75/100 of enthusiasm.
Bitcoin Fear and Greed Index is 72 — Greed
Current price: $51,779 pic.twitter.com/URM4cpdfa7— Bitcoin Fear and Greed Index (@BitcoinFear) February 20, 2024
Not only that, there is optimism even with price forecasts for Bitcoin.
Recently, Robert Kiyosaki, the famous businessman and author of the financial bestseller “Rich Dad Poor Dad”, shared his prediction: the price of Bitcoin will reach $100,000 by June 2024.
