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”.
- 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.
- BTC’s performance raised the total market cap of the entire crypto market above 2000 billion dollars.
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 fluctuations, in the last week, the price remains above $50,000 bringing positive market sentiment. Today, Bitcoin’s Fear and Greed Index is at a score of 75/100 of enthusiasm.
Hot Take: The Future of Bitcoin Price Predictions
Optimism abounds with price forecasts for Bitcoin. Recently Robert Kiyosaki shared his prediction: The price of Bitcoin will reach $100,000 by June 2024.
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