BITCOIN BECOMES THE EIGHTH LARGEST ASSET IN THE WORLD OVERTAKES SILVER,AND RECLAIMS IT'S THRONE
Bitcoin has officially reclaimed its throne as the eighth-largest asset globally, overtaking silver with a staggering 30% gain in the past week and a current market cap of $1.75 trillion .
This surge has propelled Bitcoin to new record highs, with its price nearing the $90,000 mark.
Analysts predict that if this rally continues, Bitcoin could soon challenge Saudi Aramco, the world's largest oil giant, for the next spot .
The recent price surge is largely attributed to Donald Trump's victory in the US presidential election, which is expected to bring about a positive regulatory environment for cryptocurrencies .
Some analysts even foresee Bitcoin potentially reaching $200,000 by 2025, surpassing major corporations like Amazon and Alphabet .
Here are some key highlights of Bitcoin's current market performance:
Market Cap: $1.75 trillion
Price: Nearing $90,000
Weekly Gain: 30%
Year-to-Date Gain: 101%
With Bitcoin's momentum showing no signs of slowing down, it's exciting to think about what the future holds for this cryptocurrency giant. Will it continue to break records and surpass traditional assets? Only time will tell!