Business News›Markets›Stocks›News›Bitcoin overtakes silver as the world’s 8th largest asset with m-cap of $1.7 trillion
Bitcoin overtakes silver as the world’s 8th largest asset with m-cap of $1.7 trillion
Bitcoin recently surpassed silver to become the 8th largest asset globally, with a market capitalization of $1.752 trillion, edging out silver at $1.726 trillion. The cryptocurrency surged 9% to reach $88,570 in the past 24 hrs.. (as on Nov 12), driven by optimism around Donald Trump’s election victory and expectations of a more crypto-friendly U.S. government.
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