The market capitalization of cryptocurrencies has reached $3.177 trillion, surpassing the total capitalization of giants such as Alphabet (Google), Amazon, and Microsoft. Cryptocurrencies are an asset class that ranks 4th in the global ranking of top assets by capitalization (Top Assets by Market Cap).
Currently, Bitcoin has surpassed the capitalization of all the silver ever mined and has reached 8th place among the top assets in the world, leaving behind companies such as Meta Platforms (Facebook), Tesla, Berkshire Hathaway, TSMC, and the largest bank by capitalization in the world, JPMorgan Chase.
CEO of JPMorgan Chase Jamie Dimon predicted Bitcoin would go to zero several years ago, but ironically, Bitcoin is now worth three times more than his bank.
Before Bitcoin reaches the top of the global asset rankings, it still needs to grow just 10 times. Then it will become an undisputed means of saving and preserving capital in the world, surpassing even gold in capitalization.
And this date is much closer than it may seem. Just 4 years ago, in the summer of 2020, Bitcoin was worth less than $9000 and few believed that in just four years the first cryptocurrency would make 10X. But now many would like to return to that summer of 2020 to manage their capital differently.
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